Re: $8 to $10 by feb.
in response to
by
posted on
Dec 07, 2007 03:59PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Good call - my costs are the same as yours, reluctant as I am to admit that. I wish mine were the same as miner71's - I asked him on SH what brought him to it in the first place. He made a gutsy and well timed bet. But hindsight is 20-20 and there is no point wishing - action is what's needed.
It has been 20 years since I saw a stock with as much of the "right stuff" as this one. Geology, key staff, key investors, sample history, stock structure, insider trades, cash in hand, land portfolio, drill plans, IR, timing, TA, general management - everything is "superior grade". I don't know what I forgot. I spent weeks on DD for this, huge hours, and everything I turn over says it's a good thing.
I have been burned by a few mining stocks over the years, and I can only be grateful for those experiences, as I never forgot what went wrong. I am seeing the opposite of the bad conditions here.
Normally I am a little cautious about the Winter season for mining stocks - there is a seasonality - but with 3 and then 4 drills turning, we will bull through and produce news anyways.
There are likely some upside surprises in store soon - the claim strategy is fabulous, the PR has hardly started, and any good results will be a cherry on top.
A huge factor of course is seeing the presence of those who eat their own cooking. That has an enormous influence on me.
I hope I didn't scare mzsmith off, as his posts are very good. I don't cotton to offhand broadsides on our members. But as well when we start to make SH look any amount less wacky then it is indeed time to pull our socks up. It may take time to get people to make more use of the OffTopic sub-board (hey guys, there is a thread running there - some good posts already).