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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: blind-geezer who wrote (19642)	1/10/2005 11:05:30 AM
From: jackjc	Read Replies (1) \| Respond to of 60901

Yeah, you got it about right, except it is not a mine. I met with the former CEO several times, long discussions, 2.5 yrs ago. Took the PP at .70 and sold at 5.60 after waiting out the yr. Exercised the wts at .80 and waited out the yr. Started selling at 6.40 recently but the price fell off. I still like Mines, but expected that the long wait would make buyers decide to hold off till closer to production. It is just a no-brainer to take an 8 bagger (really more as the wts are free and are paid from the initial profit) and pay the 15% fed tax. Also the Montana vote has hurt IMO, though indirectly. MGN should have terrific leverage to silver (and I have seen high estimates for cu going forward also) and is a really huge resource. I thought at one time that SSRI would buy it.