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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (160)10/12/2001 6:10:41 PM
From: marcos  Read Replies (1) of 39344
 
Just checked stockhouse, over there you mention the rains, well they have been very heavy at our palapa at seventeen and a half degrees, the phone in the village is down so we don't yet know how heavy or how much wind damage ... hurricane Iris just passed through between there and Honduras, coast of QR and Belice got hit hard - mx.fullcoverage.yahoo.com
... [notice hurricane Manuel en route to Hidalgo, this could affect Playfair drilling briefly]

'Among the possibilities are the sale of equipment from San Francisco (the crusher alone is valued at US$1.5 million) and a merger with another mining company. .... Lassonde could buy geo out of the office coffee fund, restructure it then flip it while retaining royalty ... but he won't, so who then, and when, and at what price to existing shareholders? ... more likely now than before this deal, still not something to hold one's breath on ... the gap-down of 22 Aug will fill first imho

Not to worry on the entertainment-purposes-only poster, not a factor here and most are familiar with the act ... i do hope Bob realises that 'won't post on a moderated thread' is not a principle, but a decision reached by applying jumps in logic to sound premises ... but each to his own, at his own speed

sea.v, Seabridge - here's another in the xcl/ngt class of Sharepaper-As-PoG-Option -
1. serious gold assets
2. less cash than they'd like to have
3. poised well for the day that cash comes
... although they just had an option exercise at .60, stock was offered today at .50 and no takers ... waiting for .40 maybe, or three-for-a-loonie ... and me among the waiting, i don't have any yet ... Fronk of Southernera is president, other high-grade board members too .... there are quite a few companies in this No-Drilling-Today class, but i think Seabridge will be fairly high on my list going into taxloss time

[edit] - folks, Al now has his penny pickin' race in full swing for the season - #Subject-50710 ... no point in posting the over-three-loonies one, on a resources thread in this day and age, lol
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