CIMA:
Ya right bud, whose "anal"-ysts found the results encouraging!? Musta been market anals seeing an opportunity to slide in a couple more inches into some shorts. Sure wasn't mining analysts, or, if it was, do they care to be quoted? Remember the parade of anals that marched through the Bre X camp!
Right! Give yer head a shake bud. "Low grade, HUGE tonnage play".
So how do these results stack up in context to a GIGANTICALLY HUMONGOUS, HIGH GRADE, deposit, located on the east coast within spittin', distance of tide water eh! How 'bout recent significant high grade discoveries in the Inco Sudbury camp that would make yer hair stand on end. Ya gotta have the nickle to make it worthwhile to extract the PGMs and Co. Now tell us about the current world supply of nickel and copper, and the price too while yer at it. Then obtain a very recent (within the last month) edition of the map of North America showing recent political boundary changes, major mineral deposits, current infrastructure, smelter locations, etc.. Then put a little pin on Ferguson Lake, sit back, have a look again, then contemplate yer navel fer a while, open eyes, and take a big whiff of a recently poured strong cupa java.
The promotion is strong and the pool still tight, so there is still a bit of upside here yet but the "quick, easy, big $" is over. There will be better buying opportunities below a buck before the next run up on this job.
Happy holding.
L8er
Regards
Taz
P.S. - Didja ever dig up that "old ex-Inco geo" who could give you a candid opinion of "Fergie"? |
