The Name Of The Game
posted on
Mar 27, 2008 06:40PM
15 Gold properties & 1 Molybdenum resource - Beardmore & Geraldton, N/W Ontario.
First, gold is headed much higher. Secondly according to Robert McEwen, "The best place to look for gold is in a past producing areas."
I remember years ago, one of our past producers, Little Long Lac Mines was a very actively traded gold stock on the AMEX. It used to trade heavily like WRT and LKK. Those two mines were in the Kirkland Lake area. Kirkland Lake Gold has poured millions into drilling in that area with great success when years ago people just walked away because of low gold prices with disgust.
Premiere Gold has started to explore our properties with new drilling and renewed hope for locating the continuations of the previous gold trends. As gold advances more money will flow into the area for more and more drilling. If anyone is familiar with Agnico-Eagle Mines they know that their success in western Quebec is based upon drilling and more drilling. Paul Penna years ago said, "Mines are made, not found."
Roxmark has the goods for exploration success plus we have infastructure. The current share price is an excellent entry point or reentry point.
Someday, in the not too distant future, this mining camp will come alive and the gold will flow again.
The name of the game with Roxmark will be to hold your position, add to it over time and wait for its future to become a reality as funds for drilling makes their way into camp with higher and higher gold prices. Someday in about 2010 or so, gold mining companies will be considered high grade investments and the public, believe me, will get the picture and Roxmark shareholders will be in the drivers seat.
Don't stare down an inactive stock like RMK with impatience but put your scale down orders in and redirect your enthusiasm into productive areas like assisting less fortunate members of your community, you'll sleep better. Don't let the market wear you down, you'll miss the big move.