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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (895)	6/6/2001 6:10:34 PM
From: teevee	Respond to of 8273

marcos, So would you like to lay your ego on the line regarding the chances of ido.v? ... Claude didn't like it a few months ago, said it was drilled before, way back ... which is technically true, but misleading imho ... russett and i like it LOL...I don't have an ego to put on the line so here goes....I tried to option the SWC ground way back when in the early 80's when it was owned by an Asbestos company, Johns Mansville, or something like that if I recall correctly....as for the ido.v ground, even if it was proven up to be similar to SWC's ground, do the ido.v folks have deep enough pockets and the ability to raise the 10's of millions of dollars to move the project forward on a results driven basis? Is there sufficient retail interest to continue financing exploration on a results driven basis? Do their underwriters give a rats ass? I think we know the answer to that one:-)...Ask me three years from now if they are still there, with the project advanced and some of the risk removed, and I will reconsider:-)) swd.v - that one is going to have a whack of shares out by the time they nail down that property way up there in injun country ... my enthusiasm, perennially lukewarm as it is to all non-furry things, cooled somewhat yep, you can count on that for any junior resource play these days, especially if the project is based in injun territory. WSP and DSP come to mind:-)) Strong commodity prices AND capable management with deep pockets and an understanding of how the markets work can overcome the adversity though:-)) Sometimes I think speculating on junior resource companies and their exploration bets is like handicapping the ponies - often it pays to bet on the jockeys who have been riding more than their share of winners lately:-)) cheers, teevee