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Gold/Mining/Energy : Precious and Base Metal Investing

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To: No BS here who wrote (18048)	8/26/2003 4:22:03 PM
From: E. Charters	Read Replies (1) of 39344

Right on all three counts. 1. they all wanted control. 2. they wanted the property for their company as it had reserves. (most of the properties we get do) and 3. they made sure we got no money on the street. Some of these people are the whispers on SI doing PM's etc.. I have some powerful enemies in Vancouver who are going around the PDA stabbing and stabbing. Doesn't help. And the bastards are out there with 3 of the properties. It is not all theft on purpose. Some of it is natural loss. You trot the stuff around the street get the confidentialities signed and they ignore you. On one we tried for 5 years. Finally some thieves who WOULD not sign a confidentiality with us on another property got it. I guess we kiss about 800 million good bye on that one. Finally got smart and had a geologist do a no name no location report on one property and they cannot figure out where it is!! Not shit. All the experts and they can't find it. Ha ha ha.. Shows how much they know. You really have to go to investors, not mining companies or brokers. We went to 40 brokers in detail but found out they had no knowledge, no intent, did not deal with private companies, and could not be trusted. The lot. Mining companies are mostly jerks, especially the ones with 5 PhD's on the board. Wouldn't know a mine if one bit them on the ass. At least the folks in YGI have started about 5 mines if I am not mistaken, so they would have an idea. I figure about 2 years to their mine in Guyana being in production. The NWT is a head scratcher although the Platinum is there. They will be on that before CZZ gets off its ass and does something realistic. I know about 4 mining companies in Canada that have competent mining management. One has one million ounce potential. They are ten cents, and I figure they will reach 35 or more. Pretty well the rest of them are either too recon based, or are incompetent in the extreme. Most of the Red Lake explorers are incompetent or dreaming. Chances are 1 in 100. I will not invest in a company that does major farm outs or does flips, unless they are into major buy outs. The Moydow type deals do not interest me. There is one other one fooling around in Ghana with Dome that will never break a dollar.. I forget the name. I could start a mine in Ghana for one million dollars and mine 70 ounces a day at 150 dollars per ounce. Very little chance of people glomming onto that one. Take a look at CDY in the fall for a driller. Don't like BF but they will drive a stock I warrant. The gold is there. Nice leverage. EC<:-}

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