Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: Cylin...what hype are you talking about...
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Mar 03, 2008 04:50AM
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Mar 03, 2008 09:10AM

"The Drill hole by SPQ looks exactly similar to NOT's DE2, they also found the Chromium layer...Most all the world's PGE Deposits have these Chromium layers, SPQ found at least 2 layers....These properties have tremendous potential, partly proven..."

Exactly similar? Yeah, if you forget that NOT's layers are like 10 times larger maybe. NOT has found sufficient resources to look at digging them out, and so their stock has moved. Until SPQ et al find their motherlode, it won't happen. Yes, they are in the same geological area, so it is possible, even probable, that these rich veins extend to the SPQ properties and beyond. I admit, I don't know a lot about geology. But I do know economics. A stock rising on speculation of massive potential is called a bubble. We've all seen those burst.

I am absolutely not bashing here. That would not make sense. I am merely playing devil's advocate and suggesting that perhaps some caution should be used. In fact, I have a market bid in now to buy another 100k, perhaps it can make dent into the $0.15 mark.

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Mar 03, 2008 09:57AM
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joe
Mar 03, 2008 10:58AM
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Mar 03, 2008 10:58AM
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