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Gold/Mining/Energy : V.LTH
LTH 26.76-0.5%Dec 3 3:59 PM EST
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From: molywantacracker3/26/2008 11:32:39 AM
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"Lithic Resources is a jr explorer with a world class Zinc project in Utah.The company has a $2 billion resource that they are working on getting NI43-101.The company has a 10,000 meter drill program planned.With a market cap of only C$13 million and a US$2 billion ore body,I think its safe to say the stock is going much higher. James Flannigan. River Street Capital"

River Street Capital??????

I have a few questions about River Street Capital.

1) Where are the headquarters? I am assuming that James has a desk and a house plant in his one car garage. Instead of a photocopier, he has a tool chest, and instead of a flashy sign and logo, he has old, faded, vinyl siding.

2) Who are the customers? I assume that this is an independent "investment" company, that doesn't serve customers but rather just manages its own portfolio. Do you prepare monthly reports about all your investment activity? Do you read them on the toilet and cry? Does your wife find them in the drawer and consider taking on a second job at Starbucks?

3) Would it be prudent for investors to take a "River Street Capital" contrarian strategy? It would have been a very successful trading strategy....

4) How did you come up with the name "River Street?" It kinda makes sense, cause everyday you look at your portfolio it probably feels like getting rivered by a two-outer in a game of poker.

5) When are you going to have a website?
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