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Message: Nice post Sphindog.

I echo your sentiments. The days of getting all excited about the next NR that has seldom come with the results expected are long over for this lad. I am now a "wait and see" investor here and believe in two things: Roger Scammell and the historical geological reports. All the othe peices are falling nicely into place.

The myriad factors swirling about with respect to both the internal and external influences on the junior golds is mind numbing. Put them in a blendor on any given day and you come out with a different cocktail every time.

We are on the precipice of a new bull market in the JPMs as they come from way back of the bullions. This alone will see some amazing gains in many of them. All the capital invested in all the gold/silver stocks is less than some large US Corp. Also, there is less than 2% of the value of the S&P invested in the physical gold markets at this time. Historically, 5% was considered a minimum portflio exposure as a market hedging factor. If that outstanding 3% comes into the market, the lid will blow off the share prices.

The voracious, global demand for the PMs is now beginning to snowball and will soon be out of the control of manipulation the western Casinos. There are no more big discoveries being made....5 to 10 million ounces...as the major producers scratch the thin layer of the earth's crust to just attempt to maintain production, never mind replace depleting resources. Also, there are very few profitable, high grade discoveries as battalions of juniors open up old digs and explore areas with very low grades. We are about to witness the proverbial analogy of trying to put out a forest fire with a garden hose. As trading volumes increase, so too will the share prices.

Those are but a few considerations. Now look at an "SFMI". Look at how corrupt the market trading and controls are. Look at the army of paid posters nefariously working most BBs. Then go to the top, the source of all alchemy, and marvel at the sheer power of the big banks, hedge funds and other influences who's daily, criminal machinations are now considered a "ho hum" occurence....all with the blessing of the western central banks and governments. But this is all old hat now and soon to unravel.

Then we have the old stigmas of SFMI management and the fallout from all that...deserved or otherwise...and all the hiccups along the way. All this has been fodder for the propaganda pits. All this has to be negated by way of actual results and progress...which will happen.

Timing? Now there you have the grand daddy question of them all. We have been water tortured for so long, those that have stayed alive really don't think we will see sudden relief to the upside...and if so, we expect them it be short lived...sorry for the pun. On the other hand, all those inverted "U" shaped JPM charts look deliciously enticing.

Seems to be a ton of activity in Idaho these days. Here's another comparison for you...Otis (v:ooo)..old Echo Bay workings...very low grade...exploring the trends...oh yeah, trading at 40 cents...down from 80 cents at the top of the "U". Potential compared to SFMI? Not even in the ball park.

Then there's poltitics. Better quit now. I have no ideas there.

Nice day here ... best enjoy it now before all the market action starts in earnest in Aug/Sept.

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