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Gold/Mining/Energy : Canmine resources

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To: Ralph Kern who wrote (2730)	11/2/2000 10:09:39 PM
From: Marshhawk	Read Replies (1) of 2769

Ralph, Assuming that insiders/analysts have an inside track in re they understand the 'understated' values of the past 10 years of R&D, then why don't we see insiders buying tons of stock when it goes down to 51 cents? When does a consulting fee become an R&D development? If you spend money on R&D, and it pans out, you then own a proprietary product. E.g. nobody else can use it unless they pay you. If you pay a consulting fee to Agra, that hopefully increases the value of your operation (eg by bringing cash flow to the fore), but are you implying that a consultants fee to Agra results in The Refinery becoming a research asset? Have I missed something? To end on a positive: everybody should note that we traded as high as .60 today so I also think the DWA report is helping.

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