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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (8425)5/31/2002 4:45:39 PM
From: marcos  Read Replies (1) | Respond to of 11802
 
Not so, Chuca - 'Then a article came out that said this week that XCL would be producing poured gold within the same time frame that I put at my own study of NGT: 6 Months or so.'

No way ... if somebody said this then question their judgment closely in all things ... X-Cal is an explorer, its interests are better served by methods other than firing up that mill where it sits now ... it has to be moved, it's on top of economic ore ... plus they'd need all sorts of other equipment to get rolling ... this is where Amax went wrong with Sleeper, was starting up with a half-assed mining plan, not thinking ahead ... you'll find that Shawn Kennedy is a very ahead thinker, and will do things one step at a time, in the optimum order ... which means getting some financing and/or JV the thing, and do a systematic drilloff of the property

Nice to see you in real companies, though ;-) .... ngt.v is my largest position in the golds, and xcl.to was the largest for a few hours before i sold some yesterday ... still got quite a few, house-money shares .... check out gng.v, i added a few of them this week, quite speculative, oooo scarey-boo .... cheers