'Short term the market is a voting machine, in the long run a weighing apparatus' - forget who said that, or what the exact quote is, but it sure is true eh ... one research tool we lack is a comprehensive categorised long-term list of one-hole wonders, to compare with the much shorter group of actual discoveries ... vit.v, gcr.v, kbg.v, gqc.v, even not.v itself at Windfall last year, and there must be several others just in the recent past ... of course Voisey's Bay was a one-hole wonder until the second hole came in [but then so was Cartaway, in fact it didn't make it to the second hole, not even to the assays for the first one, lol] ... ah, it's a life rich in experience, you gotta appreciate that
mmg - Tom has a point there, about listing on .to, imho ... they could state inferred before full 43-101, for one thing, and that would make a huge difference in how Metalline shows up in valuation ... plus they'd be away from the Amex [this is my first long-term experience with that place, and i'm liking it less and less so far] ... it is just incredible how a resource/management combination of this size and quality can be stuck trading at this level ... of course that's the way development plays work, the same phenomenon that makes epm.to a great buy right now, Ms Market keeps thinking 'something may go wrong' until all possibility for problems has passed
wkm.v - Western Keltic another one in exactly the same boat, that's a rich little mine at Kutcho and the capex doesn't look to me unfindable, still it just went absolutely to sleep after the prefease ... but this is what makes profit opportunities in development plays, so it's all good |
