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


To: jrhana who wrote (27372)1/22/2004 11:21:57 AM
From: jrhana  Read Replies (1) | Respond to of 39344
 
What's going on? Patch defines it well IMO

Message 19717312

Amazing how they whacked silver early this am, but they know they are just buying time.

quotes.ino.com

It kind of reminds me of Joseph Johnston's tactics against Sherman in the march on Atlanta.

They know the best they can do is fight a delaying game for their inevitable defeat.

sherpaguides.com



To: jrhana who wrote (27372)1/22/2004 5:48:22 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
John:

<<Re. WTZ/WTC Management changes...>>

Thanks for posting the PR. The piece I like most is:

<<Mr. Corman said the management team will be assessing the possibility of continuing with the development of Western Silver's San Nicolas and Carmacks properties in the current favourable mineral price environment. "Both projects have positive feasibility studies demonstrating that they are economic at current metal prices".>>

This was one of the factors in my assessment of WTC as way undervalued back in the summer (my "potential 10-bagger" post):

Message 19171245

At that time, WTC was about $4 and it's done very nicely since then:

stockcharts.com[w,a]whoayyay[pb50!b200!d20,2][vc60][iut!Ll14!Lah12,26,9!La12,26,9!Lb14!Ld20!Lyb20,2.0]&pref=G

IMO it's still got a long way to go (another 5-bagger?) -- now that zinc is up to 50 cents and silver's about to take off to $7 and beyond. WTC is still one of my largest positions -- and it will be a core holding until the silver bull has run its course.

Best regards,
Howy