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

To: russwinter who wrote (2736)	8/12/2002 6:41:35 PM
From: E. Charters	Read Replies (2) \| Respond to of 8273

Not meaning to be too uppity but what is so good about the Salamandra? Is it better than say Goldcorp? Are you sure you guys are not becoming victims of the Vancouver gullibility syndrome? Vancouver crooks have a lock on the press and the gift of the gab maybe but I will guarantee that I know more profitable and far less expensive mines to develop than 99% of the VSE-CDNX crowd. I do know a million ounces of close to 0.50 ounce per ton that will take less than 6 million dollars CDN to develop and 75% of the infrastructure is already there.. Beat that, with any stock. Even our own deal may have 500,000 ounces potential ore and that will take about the same to get a start on it. I have it figured that Ontario is not that bad a place to operate, and I know two properties that have good potential ore in place there. No iffy drill programs on yinya yinya vein systems. No pie in the sky. I know pie in the sky gets all you gamblers hot and bothered, but did you ever consider that gold mining actually makes money when you have grades over 0.40 ounce per ton? They sank 100 million into Brewery Creek with gushing reports on a 0.03 ounce refractory ore that had a controversial bio heap leach recovery system. Brewery Creek hasn't made a dime and without a better system of ore recovery probably never will. I can virtually guarantee you that mining gold where it has been mined profitably before at 0.50 ounces or better per ton WILL make money and the stock has to hold at 3 to 10 times the price you bought it at. If you buy it when its cheap. Does 10 cents sound like too much for you guys for a sane producer with a million ounces? The stock has 9.00 dollars in gold proven per share. EC<:-}

To: russwinter who wrote (2736)	8/12/2002 9:51:32 PM
From: marcos	Respond to of 8273

Expenses of cdn286k, ouch ... at least it's down from 343k last year, lol ... but then 39k seems to be provision for future tax reduction, got to count that .... first thing i'd do is eliminate the 67k for 'investor relations', i don't see what he's getting for the money ... hey i'd answer questions right here for ten per cent of that, and paid in sharepaper too I did hear a rumour that Chester can spend money like water too, when he gets rolling on a project ... not in the mining itself, of course he is famous for the opposite there, but in things ancillary to corporate machinations ... haven't looked at Alamos' recent sedars, don't know what's up there It is true that in a capital-raising project such as National, your accounting, legal, audit, trust and filing etc costs are going to be higher than those of an outfit with established sharepaper ... still, got to watch them, and other things harder, such a drain is out of place with a development stage company ... you don't need a fancy office that's for sure, a basement works fine, and you don't put out a flash annual report either, such a thing turns off prospective shareholders ... ngt doesn't do so bad in that respect though, recent mailings are simple black on white just like xcl's Six claims in the Kootenays announced today - #reply-17867305 ... committing to spend cdn400k/yr, plus shares plus warrants plus ten per cent on production decision, paid in shares .... i wonder how many shares ngt will have out in five years -g- ...... well at least the summer dumping seems to be thinning out, i find it easy to imagine the share reacting better to the next PoG upswing

To: russwinter who wrote (2736)	8/15/2002 3:56:51 PM
From: marcos	Read Replies (1) \| Respond to of 8273

yqr.v - you think Conquest might do something with the canadian properties, russ? ... the kyrgyzstani deal will take a while .... it's offered at .20, i was thinking of adding, haven't yet suf.to - stockcharts.com - tested the 200-day, now time to try the 50-day, close to 6.00 ... it's made kind of a cute little double bottom there at 4.55 and 4.57, support came in both times and bid it up ... i'm in for about half a trading position so far, still watching ... i waited on account of the gap-up 08/08, and also to see what would happen following the AIM listing ..... looks decent now imho ngt.v - zzzzzzzzz ....... ??! .... direct from CM to ngt shareholders, eh? ... interesting, i'd welcome that