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


To: loantech who wrote (3649)12/28/2005 12:45:41 AM
From: jackjc  Respond to of 78417
 
Can't start til spring, so 4-5mo after that for underground mining. Hoping for an early thaw.

But investors don't like to wait, usually prefer to chase
other plays and come back just in time for the delayed ones.

But usually out of sight, out of mind, and a play will start
up without all the players on board.

The mkt cap of this stock is less than the value of the
permitted mill alone. So there is no premium for the hi-grade moly prop, the mines
that produced 2M oz gold, or anything else. This is my major
moly play and I will wait. Building a position takes time,
I often keep a large bushel basket under RMKL to take sh off
the hands of tired longs.