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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (3962)12/31/2005 5:38:17 PM
From: jackjc  Read Replies (2) of 78408
 
Hi marcos, haven't seen you posting much; perhaps on other threads.

While I have been out of MFL for some time, and AGI also
more recently, few know that Mark Bailey wanted to get the
Mulatos deposit and had talked it up to the brokers which made
financing a bit easier for National/Alamos.

When at the Vancouver gold show couple yrs ago I asked Mark
why I should hold more sh in MFL or NGT/AAS (had both at the
time). He said 'Mulatos will never be a mine, metallurgy
problems, el Rio river level, etc'. Was very negative, more
than the usual between companies.

Anyway Alamos has become a mine and MFL still stalled.
Waiting to get bought out ain't as good as actual mine building
if you have the ability to raise the cash and build it IMO.

I have been favoring the latter and avoiding the former.
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