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Gold/Mining/Energy : Boulder Mining - New Additions -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (30)6/2/2002 1:38:32 PM
From: marcos  Read Replies (1) | Respond to of 34
 
That's one i haven't followed as closely as i should have, ip.v ... had it on long list for ages, keeping up with news and chart etc, watched it at .15-.16 in april, knew that was a good entry, didn't bite ..... one thing that has put me off a little is the shares out, 40m f.d. ... ybr, dnt, iau, ngt, aas, and a few more have far less shares out, earlier in the life cycles of their current incarnations as vehicles, arguably ... but that's only one factor ... look at xcl.to run with 55m f.d. .... biggest factor is People, always, eh

'They will have to raise additional soon but they must do it at a higher price.'
This has been my hope with Boulder, that they'll follow the Corner Bay and Minefinders model, of raising cash when there's lots around and they get more per share, with less dilution .... then when times get tough they just about shut 'er down, conserve cash, get the most bang per buck with very little expenditure, just basically hanging on to the best properties and keeping the outfit alive .... timing, it's all in the timing ... we're coming into a time when they should be able to raise cash at increasing prices, say maybe 2m or 3m shares at .25 soon, then a few more later at .40 or .45, then try to pull a nice core and get some off at 3.00 ... this would be my plan if i was them just now ... there's no volume on ybr in here, looks like everybody is waiting for roughly this scenario to happen, eh

They've got quite a page on Tevrede - bouldermining.com

Interesting the bit on Casposo ... i already liked iau a whole bunch, there is a lot to it, and good allies like Jipangu and BHP etc holding shares .... ever look at Cadre csl.v? ... one of those maybe perhaps one day pie in the sky when you die efforts, i've been trading it winter to spring for years now and have a house-money position, thinking of adding now as it looks like they'll run it on spec this year ... and who knows, they may actually make that deal

Did you see this article on Yanacocha, i posted it to the winter thread - caretas.com.pe

Referendum in Tambogrande hoy mismo, so i'll be watching the peruana scene from tonight on .... sold a little man.to in the runup last week, brought my acb under .90, but am content to hold the rest, playing the odds

Here's my biggest position at the moment - stockcharts.com
... i figure one of these days that David N Vaughn character is going to pump National on the front page of kitco like he did with Seabridge and X-Cal -ggg- .... not kidding there either, i value a share of ngt at roughly the same as a share of xcl, so if the latter can print the not unreasonable figure of one loonie, then the former will in due course