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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (205)10/17/2001 8:35:09 AM
From: jpthoma1  Respond to of 39344
 
Thanks Tom. You know, it's sometimes «risky» to put forward such «minority opinion» about an exploration play. I used to participate to a french speaking thread on «Webfin». Unfortunately, some promoters did not like my comments about their projects and I have received numerous threatening e-mails and phone calls. One of them even offered me a «compensation» if a would agree to change my opinion!!!!!

I usually don't initiate by myself such «less favourable» comments, but if a question is asked, why not try to help the questionner? Helping each other is one of the objective of threads like this one, isn't it?

And sometimes such clashing thoughts help generate good discussions. Ask Bob Brumell about the one we had on Nuinsco's Lac Rocher discovery a couple of years ago on another thread?

But I am not always right. I still remembered having said to a friend that it takes crasy geologists to look for nickel in the Nain geological province and crasy investors to buy shares of companies spending money on such projects. How do you call that place, I said to him. What? Voisey's Bay?

It was before one of Canada's largest nickel discovery!

;o))

JP



To: loantech who wrote (205)10/17/2001 10:47:26 AM
From: russwinter  Read Replies (1) | Respond to of 39344
 
Speaking of discoveries, IMR:
biz.yahoo.com

Now before people hurry off here to "take profits" on this one, consider: There are only 16.5 million shares out, so at 60 cents, that US$6.3 million. They have a million cash, EV is $5.3 million. They have ONE HUNDRED PERCENT of this target, AND, they have two prospective Argentine JV projects with RTZ and ABX.

I can't tell you what this absurd market will do with this stock, but these prices are not reflecting much of anything!

I know what's coming next, people will say, "Well it's not a big deposit yet" SHIT!!! They've only drilled fifteen shallow holes!