MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: G.J. (Hijacked) who wrote (2386)	1/20/1999 11:39:00 AM
From: Chad Barrett	Read Replies (2) of 2635

<< Please excuse my ingnorance on these issues, but if the Carlin project has so much great potential why have they not release all their drill results yet,... >> Kinross is a major gold producer, therefore this project - even if successful - is just a small part of their ongoing business. They are the ones who are compiling the drill results, etc. and they have a hand in any news releases that go out. Perhaps this isn't the best situation for MIQ in the sense that they may not be able to "pump" this stock and rush results to the market a few drill holes at a time. However, if they really have the goods, the value of the results will eventually be reflected in the share price. << or why don't they accelerate the exploration (isn't everybody's dream to QUICKLY get rich?). >> The exploration being done is one of the most agressive drill programs I know of right now. Argentina Gold might be drilling at a faster rate, but I can't think of any other juniors that are. (I'm sure there are a few, but very few!) And yes, it is everyone's dream to get rich quickly... grin.... but if this stock were to go up like a rocket, it would come down just as fast if the fundamentals aren't there to support it! The future share price of this stock will be directly linked to the results of the drilling. Because the property is JV'd with a major the climb could be slow and steady for a few years.... the real payoff will be when a decision to build a mine is made - OR - if some killer results are found! ... just MHO... Chad

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