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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (3412)	12/23/2005 12:12:14 AM
From: hubris33	Read Replies (1) \| Respond to of 78410

Merryfield- Sorry for the delay in reply. Fast moving markets require all the attention I have! LOL! I had forgotten where I have seen the "S" issue discussed, and exactly what it meant as I had the same curiosity. Anyway, I finally stumbled into the answer in Bill Fox's analytical piece, The Cortez Story: Right Trend, Right State, Right Country, Right Time? Part Three: Great American Minerals: According to David Mathewson who runs Tone Resources, GAM's property is partnered with or controlled by Placer Dome. It is located next to Tone's property (marked with an "S") and Nevada Pacific's largest holding on Intierra's Mineral Information Map. amfir.com Whatever McEwen is up to it is an interesting play. If I were a betting man (LOL!) I would guess that he would take control of a small or medium size company with a crappy mine. I think if he wants to grow organically he will need some revenues as to avoid the borrowing or dilution phase in order to fund drilling and discovery. [Unless He wants to bank roll drilling with personal private placements like Sinclair does with TRE.] Me thinks he already has one mine in Mexico under control, which is idle because costs exceeded sale price or net. THAT should be phase one of 'let's operate efficiently' and start generating some revenue. Then there is the Minera property that could bring revenue in 2007. Don't know if it would be worthwhile to restart efforts at Tonkin Springs. Perhaps a small scale operation to take surface ores from the property, WKR.v or NPG.v properties? I can't see where resistance comes from if USGL wants to start merging in the other companies. Sure the geo boys have egos and there would be a scramble for jobs, positions, etc. But why would the investors turn down the chance to be part of something bigger and the first step of the next GG? Of course another stated goal is to get USGL listed on a major USA exchange. My guess is that it will be the Amex, but he needs a higher share price to gain entry there. Thus there is a driver for a merger, which leads to a higher share price for the remaining company. H3