BritNick,
Quite the different spin you have put on this article from the ARU board to the KRY board. Nothing like an even handed approach eh. Let me guess, you are going to say that the political risk is built into KRY while it is not built into ARU bla, bla, bla. Tell me what is KRY worth when they never are given there contract to mine, which as time goes by looks more and more likely.
BritNick you sure sounded like a pro full of advice when you wrote this. The stock fellow investors was $19.80 at the time. It seems to me Peter Hodson was right and you were very wrong. LOL
Regards,
F.F.
SUBJECT: From the KRY Board Posted By: BritNick
Post Time: 7/12/2006 13:50
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Heh, fellas, Congrats on your run up on ARU. Don't take this post as a bash but Peter Hodson pumping this runner last night made me spill my wine. Someone needs to give this snot nose kid a lesson on fundamentals. This is obvious based on his funds performance down 10% this year. What a freaking schmo, recommending an exploration play that has already run wild. If you guys got in nice and low then you have had a hell of a run and by now you should have 80% of your money out of this stock. If you are buying now, be careful as this thing could correct substantially based on fundamentals.
Hodson also needs a lesson on resources vs reserves. If the company does not have an independent professional resource calculation for gold or silver or other minerals, know that someone is either speculating or guessing at the most critical data point regarding mining industry valuations. Be careful not to confuse “resources” with “reserves”. Measured and Indicated resources are reliable as a resource. “Inferred resources” are very speculative mineral inventories, so be careful when “inferred” is used. A resource still has a long way to go to become an economic deposit, as opposed to “reserves” which are deemed to be proven economic and mineable ounces calculated by very strict engineering and government rules. Canada's National Instrument 43-101 is one such guideline regarding resources and reserves.
I know this will piss you guys off but keep this post in your memory banks you may thank me later.
Cheers |
