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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: Nexus who wrote (829)5/13/2000 10:55:00 PM
From: Claude Cormier  Respond to of 1907
 
Change the word "liquidation" by "takeover" in my previous comment. If $10/share is offered and $15/share is demanded, it is a matter of time before an agreement is reached. At $5-$6 an investor is buying value.

<< But please don't compare Marlin to Luicho because while there is not a single drill hole on the Luicho property, everything else points to a big resource>>

On this subject, mon ami, I think we are in total disagrement. The number of ounces that can make a big resource is not the only factor in evaluating a property. The grade, the infrastructure, the nature of the deposit, the financial terms on the property acquisition are important factors that can make a 6 millions ounces deposit less valuable than a 3 millions ounces deposit.
I think there is no need to repeat the characteristics of Luchio vs Marlin.