What would you rank with xcl ... in a more speculative class than the pretty much sure things like bay, fgx, mfl, swg level? ... single-property plays largely, perhaps waiting on financing or for a JV partner to get the lead out ... more risk in them when they get running, but more leverage perhaps when/if they hit, and most can be bottom-fished in their sleepytimes ... i've never put out the effort to do a scientific study of very many, just got interested in some on a spotty basis .. do you have a top dozen? ... couple i follow are iau.v - silver claims JVed with Apex in Centroamérica, PGM claims in Canada ... and ymc.u.v - gold/copper claims in Turkey, JVed with Río Tinto .... also ido.v, but Stillwater is PGMs, not Au/Ag.
Agreed about that xcl presentation on the website - market read it as SK saying 'we need the money real bad' ... and hey, it's true ... it didn't cost all that much though, i forget the figure but it wouldn't have paid for much drilling ... his focus is on nailing down 100% of the claim first anyway ... can't see what i might have done differently, in his shoes .... yes, if i had the ready i'd be lined up for a PP there too.
mnp.v - maybe some wait involved there, but at well under a dime US maybe a person could afford to wait? ... goldbuggers should be good at that by now anyway, lol |
