Tomsr,
I checked back to your post#222 where you posed the question about winter drilling? Posts 223-224 answered your question that it was possible, given that the drilling was happening in an underground tunnel. I don't believe that anyone was misleading you that drilling would happen this coming winter, as it did the previous winter. The news that the tunnel would be flooded was new news, and although it won't do anything for the share price in the near term, it will reduce the expense of maintaining the tunnel. BYG which is the key player in this play is ahead of itself in terms of exploration. It needs to build that new mill to realize its goals, and probably in the near term needs to conserve cash for that purpose. As far as CLK goes, I don't know if he is out of the game, although he certainly implies that. You can follow his musings on other threads very easily, and you will see there is a consistent optimism/exuberance about every play he gets involved in. If he is out he certainly didn't make any money. As far as AKA goes, they have over a million in the bank, more coming from ORI, (about $225,000) and approximately $600,000US if they sell their interest in the Montana property. They own a 30% interest in a $4,000,000 hole in the ground, with 300-355,000ozs. of gold, that has yet to be fully explored, hopefully they have only scratched the surface, and an interest in several other claims in the area that have had interesting assay results in the past. The company will at some point in the future have between $0.30-0.40 in the treasury,it has positive income from interest earnings, and potential that still has to be realized as far as gold reserves. For $0.10-.20 a share you own a lot of potential. I think I just talked myself into buying some more. If you compare the tonnages and especially the GRADES of results coming in from other juniors, you will see that this is not junk we are talking about. I did a quick analysis last night for a response on another thread and discovered that all the gold above ground, not including jewellery and fillings, was worth the same as Microsoft and Intel put together. I'd rather own the gold than those two, but hey, if you decide to sell, I'm still a buyer, and believe me I own a lot already.
Sincerely,
Al Cern |
