SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: seventh_son who wrote (35464)7/13/2005 1:23:43 PM
From: Mr. Oil   of 39344
 
Yes the promo factor I didn't mention. That may be another point of leverage. I mentioned Larry Roulston as simply a "by the way" fact. He hasn't mentioned it as far as I can see in a couple of years though his comments back then were based upon the fundamentals of the company and the prospects for China.

Now that the fluff has been traded away the stock seems to be building a good solid base in the .40 to .50 range. That's one of the other reasons why I took another position in it this past week. The news release of a month or so ago doubled the resource estimate from 1 to 2.2 million ounces in the ground. That moved the stock up to the .80 level in about a day. It has come off since then but is holding up well at the current level. So from a technical point of view, it seems less risky here. That with the real ounces of "gold in the ground" increasing, I like it's prospects. With any positive news around the corner, it should gain the attention of L. R. and others again. That would be very positive for the stock.

Ray.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News