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


To: Elizabeth Andrews who wrote (7262)2/4/2003 11:31:05 AM
From: russwinter  Read Replies (1) | Respond to of 39344
 
<A sniff of gold in a drill hole at Red Lake>

You never know, and you pay your money and take your chances on these. But if one is to seriously play juniors, the equation you presented is the one I also try to use. I call it GAG: low mkt cap/valuation on excellent geology (including fallback holdings (Detour Lake) and value added (Jerooy), run by serious geologists, and a high activity level (20 holes released by end of March).

On AAS, I will be watching closely how they structure their next financing or deal. If they raise a bunch of money at these prices I'll be disappointed. I'm hopeful for something more creative though.



To: Elizabeth Andrews who wrote (7262)2/4/2003 1:46:57 PM
From: marcos  Read Replies (2) | Respond to of 39344
 
The less Conquest spends on Jerooy, the more it can do at Red Lake, and the better it will be loved ... Ontario has its political drawbacks as well, but at least they're the devils we know, and there seems to be no question of who owns the property ..... of course mostly those questions come out after the big discovery, not before -g-

Jerooy's great if and when it comes together, if it never does then c'est la vie, the cqr people just do something else, that's all .... from the start i liked it mostly for the Ontario properties, even before J got put on the back burner

Your Stealth is one of those taking a rest here .... did you ever look at Doublestar Elizabeth, dsr.v, we were talking about these two together somewhere, it's got great similarities to sml.v, i pair the two off when thinking of them