SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : GITENNES Exploration (ase:GIT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Quickdraw who wrote (1079)4/2/1999 11:16:00 AM
From: E. Charters  Read Replies (1) of 1092
 
Well gee, thanks. Blackwell has demonstrated that he has good exploration instincts and preliminary deposit outlining talent. In many exploration and development companies they have learned to separate the stages of geological discovery and initial delineation from development outlining and engineering mining calculation. Sometimes this is done at an early stage and is appropriate and later stages in other instances. If this stratification could be usefully implemented in Gitennes then their profile as a company might have better ascendancy. Far too many Junior companies beset by the 70's and 80's difficulties of Junior company glass_ceiling_cash_crunch have decided not to participate in development as being too expensive and too risky. While this is laudable in terms of religious type humility it does the investor little long term good. What the investor hopes to find is a company with the cajones to grapple with the Gorilla of size_of_project_challenge, who will ramp up to the next stage when appropriate. How else can accumulation of value be realized when discovery is made? The discount afforded by spin offs is not fair to the investor when the values of resources are never at a premium in the nascent stages. Mining companies with discoveries or values in the ground are hungry like wolves. We should know. Wildcat has more eminently mineable ounces than Gitennes does and they are higher profit. Our advantage is not solely that our shares are 2.5% the number that theirs are. We can enumerate other advantages ad nauseam but they only speak to potential, not contemporary value.

EC<:-}
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News