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Gold/Mining/Energy : East Asia Minerals (EAS.V)
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To: 3bar who wrote (629)4/6/2010 2:03:57 AM
From: ogi  Read Replies (2) of 2456
 
Now tonight Eric Coffin is quoted in Pescod discussing different companies that might be takeover candidates for Miwah because there are some who think it possible takeover rumours are behind the current share price strength. In discussing the various possible nearby candidates Pescod has him as saying:

""But Eric points out that if this thing gets to 10-20 million
ounces he could pick any one of the top gold producers out
there as likely potential buyers of the stock."

A reasonable enough statement given what we know and the IF qualifier it includes.

You responded to TSL's post that contained this speculative takeover quote by Eric Coffin with this:

<<<<TSL : Seems that any buy out stuff is far off . Big step between 20 mill and 40 mill ozs and a whole lot of $ .>>>>

Thus introducing the concept of 20-40 mil ozs out of thin air.
That is what I called into question. What is from Nick Kholmann, your use of 20 mil ozs or your newly introduced use of 40 mil ozs for Miwah? Both estimates you seem to express with some conviction as evidenced by our correspondence here. No I don't think Nick is a fool, he might have acceded to a question of could Miwah turn out to be 20 mil ozs in the end. I doubt he made any claim Miwah contained 20 mil ozs without appending all the ifs that the unknown demands,you ignore, and then go on to increase by a factor of 100%.

Do I think Miwah could be 20 mil ozs? Yes I do, if, if, if, and if, none of which has been fulfilled after 23 holes in only one target. I want it all to happen though.
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