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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: MAKAMAI who wrote (2384)1/20/1999 9:23:00 AM
From: Mozingo  Read Replies (1) of 2635
 
It all boils down to cash flow and that's always tough for these companies.

Exploration and investment in additional properties is great but it costs. Seems to me that too many of these smaller ones focus more on acquisition than proving up their current properties. Not specifically referring to MIQ but there are alot of resource companies, and I've lost money on them, that I constantly see they're going off in a different directions chasing down another dream. Case in point I think was STS and KRT. But then I'm no expert, just a dumb gambler like many out there.

Just MHO and thoughts on the subject. I've been in MIQ since 96 and am patiently waiting for something spectacular to occur, like them actually beginning to mine for gold on the Carlin properties and the cash to start flowing.

Regards.

Gary
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