Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Elizabeth Andrews who wrote (7262)	2/4/2003 11:31:05 AM
From: russwinter	Read Replies (1) of 39344

<A sniff of gold in a drill hole at Red Lake> You never know, and you pay your money and take your chances on these. But if one is to seriously play juniors, the equation you presented is the one I also try to use. I call it GAG: low mkt cap/valuation on excellent geology (including fallback holdings (Detour Lake) and value added (Jerooy), run by serious geologists, and a high activity level (20 holes released by end of March). On AAS, I will be watching closely how they structure their next financing or deal. If they raise a bunch of money at these prices I'll be disappointed. I'm hopeful for something more creative though.

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