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Gold/Mining/Energy : ECHARTERS
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To: Elizabeth Andrews who wrote (3159)8/4/1999 11:59:00 PM
From: E. Charters  Read Replies (2) of 3744
 
Send one million and I will change my mind. Yes, things are that tough. If you are a sleazy broker like Marchement and you have liars with endless phone endurance then you might still raise some money for just about anything. Basically the brokers leach backdoor money from the companies to try their clients with and where the kickbacks are lucrative and the myths are rich enough they will peddle anything. But bootstrap_real_mining must look for sugar daddies, as mine development and what they do on the VSE are two different kettles of monkeys. I have said it before and I will say it again. VSE exploration stock selling and real mining are worlds apart. If you say you have a mine that will make real money the a--holes say "there is no blue sky." That I say is their lack of vision. Even when the mini boom was on in 1996 and 1997 it was tought to sell a real mining property. Basically there is only one mine started in Canada before 1996 that is still in operation and that is River Gold. A small real mine with real rich gold in Wawa, Ontario.

We have two properties with real diamond potential and people yawn loudly. One is offshore and is alluvial, adjacent to a producer even, and the other is in a region where Kennecott may spend up to 25 million. No interest can be generated from that either. Diamonds are not soft in price, but the mining industry in general seems burnt out.

It could be a long dry spell. I am gettting out my rubber suit and my sponge and phoning around the car washes.

EC<:-}
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