I have been talking techie talk to investors and companies alike for the past 8 years and they cannot distinguish between brokers arm waving and explorationists putting cogent theories forward. In 1992 few knew anything practical about diamonds. Now everyone knows more than we do. When Wildcat first predicted that diamonds would be found in the volcanics of Wawa everyone thought we were idiots. Now that they have been found there, they are silent, and they still don't pay attention. No doubt they put it down to luck. The companies don't care, as they will just use the information to their own ends. They don't even see that the info is what they could continue to use, and even propose a JV. It needs to come from a PhD who can put on feathers and medals, or they cannot use it (in the public domain) Maybe. We tried to enlist the aid of Mitchell, Russian scientists and the like to back our theories and lend them credence to the unwashed. All that did is let people like Ashton take advantage of us, and we lost ground. first in James Bay, then in Wawa. And it wasn't the few who tried to claim jump us, it was the many. I have only mentioned one or two. There were dozens. Virtually everyone thinks who has a public company and a piece of paper that they know enough and they can buy the rest. It would seem that in practice, at first rush they are right. First money, then genius. I won't put the cart before the horse again as long as I live. Me dumb. Everyone else find diamond mines, they dumb too. So everyone being equally dumb, me want chance to find fiamond mine. All I need is the money.
EC<:-} |
