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Gold/Mining/Energy : Anvil Resources (V.ANV)
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To: overbyte who wrote (2158)6/3/1999 7:28:00 PM
From: Daxtech  Read Replies (1) of 2214
 
Overbyte, you are more optimistic about Voisey's Bay than me. So many companies, including Anvil, have hit nothing but granite up there. The geology is difficult and false readings of aeromags are common. Diamond Fields was incredibly lucky. In my opinion, the safest thing for Anvil would be to joint venture their Voisey Bay property with another company such as Inco so as not to continue diluting the stock. Otherwise, a year from now, Anvil could have 40 million shares out, a lot of empty holes in Voisey's Bay, one water logged gas well and not much else. Voisey's Bay, like horse racing, is a very expensive dream. Anvil needs to get the gas wells going and leave Voisey Bay dreams to partners with deeper pockets. Daxtech
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