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

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To: marcos who wrote (59928)6/9/2008 7:23:30 PM
From: tyc:>  Read Replies (2) of 78405
 
>>but Mt Milligan will be a mine long before Schaft Creek

(Just talking )!

This raises an interesting question, are there any other prospects closer to production ?

One prospect comes to mind. Lake Shore Gold is currently sinking a shaft and refurbishing a nearby mill they purchased from Goldcorp in Timmins. They will be milling a bulk sample early next year. On the other thread someone pointed out that one can buy Douglas Lake Mining shares at a price below what the Chinese paid for their $6M purchase. In comparison, Hochschild has purchased a 35% interest in LSG at @ >$2.30 per share, providing enough to complete the AEP. Yet LSG shares are trading at the same $1.60 per share as a year ago...

I was wrong in thinking TRX shares were headed higher just because fundamentals had improved, and the same applies to LSG. But what was the error ? Perhaps it was in thinking I could predict the unpredictable..... the direction that price was headed in the near term. Does anyone claim that ability ? I give up ... but I will remain fully invested.... Conventional thinking says it is foolish to deny errors ! I plead guilty !
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