Trevor: My projection is indeed presumptuous and silly. I think it is reasonable and logical, but we know those are not mkt virtues. Let's say my OPTOMISM is based on (a) tremendous drill results, (b)fine mgmt, (c)the Nueva Condor Mine, with independently appraised net value of $20mil, soon to start production, and which should enable the Co. to finance all or most of its future exploration and development, avoiding the ruinous dilution that so often sours the stock of companies with great prospects and reserves.
As to mgmt character and track records, they are really a distinguished bunch, and I can't do them justice here. Livingstone, the CEO, is a close friend of James Davidson of Strategic Investment (author with Rees Mogg of "Blood in the Streets", "The Great Reckoning" and "The Sovereign Individual"), whom I happen to know slightly and greatly admire, and who vouches for this mgmt.For me personally, Davidson's endorsement is good enough. Call or fax to Joyce Wyssen of IR ,Tel 1-888-648-3722 tollfree, fax (604)683-6650, and she will send you a packet giving info on mgmt, annual reports and a lot more, and then you'll receive faxes automatically of all new press releases, etc..She is just as sweet as she can be.
One other important thing. The evaluation of the Nueva Condor reserves, which I think has been completed, started the process of getting OROP listed on TSE, and it should be listed there by September. That will surely give the stock a boost.
In short everything except the Bre-X curse is coming up daisies for this company. Trend and volume are rising. I think it is a hellish good speculation. I try to be clear-eyed when gambling, and I certainly do not mean to suggest that this is anything but a gambler's stock.I'm long 10000 shares at 1.28. Message me if you hear anything, and I'll do the same. Let's try to get a string going.
Cheers and good fortune! |
