MIRAMAR MINING (MNG) Message Board

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Gold/Mining/Energy : MIRAMAR MINING (MNG)

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To: aknahow who wrote (426)	10/25/2002 10:04:16 PM
From: Elizabeth Andrews	Read Replies (2) of 457

I'm not a believer in the G management group. It's a one horse show, albeit a good horse. I can't believe they were thinking about taking out Placer. G is a peanut compared to Placer and I'm not a fan of Placer. G's balance sheet does not allow them to make a mistake, even though they tout it as being an industry leader. It isn't. What did McEwen mean when he wanted to know how long it would take to accumulate 20 tonnes of gold? He is in the business. Doesn't he already know? Why is the company speculating? Why don't they do some grassroots exploration and develop a property base? That's the problem, no growth and no diversification, it's one mine. They only have $1.30 per share in working capital. What's the big deal? Where is the G-spot?

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