Re: Pangaea 2: juniors exploring in Nevada
in response to
by
posted on
Jan 10, 2009 09:40AM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
Well Pangaea, I'm in the hole right there with ya, a buy in at .85 cents average depending on that amazing us$ we have here stateside. I don't think it would take much to get us back in that range and i think by year end that is a reasonable goal or even higher, but it is an important year.
If the people want to speculate so be it and your critiques and observations are interesting too. it is important and beneficial to process it all.
also agree with you that factually based reports are the only thing they can be held to for sure. all else is "forward thinking" and not held accountable if we have a problem with that. people need to make that distinction.
patience? besides all the reading, i personally came into to this with a multi year wait and see approach. Barring any major problems or changes, 2011 is not a problem for james or a the other optimists i know.
even with take out threats down the line, further dilution and money issues i still believe it is a good bet when the overall picture is viewed.
Pangaea, if you inherited the VIT helm right now what would you do? ( i know your postulated approach of no tunnel and drill from surface instead but what else with money and other properties would you do?)