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

To: E. Charters who wrote (8645)3/30/2006 3:13:17 PM
From: Mr. Aloha  Read Replies (3) | Respond to of 78416
 
It seems that the great thing about Roxmark is they can start their moly production small and use the revenue from that combined with financings like the one they just closed to fund further development until the stock price gets high enough to do a more significant financing, if necessary. Most other moly/gold plays will need to raise huge money and do a long project before even starting to produce.

Getting on TSXV should solve a lot of the low stock price problem, which should help them get well on the way to bigger production.

Not many moly producers you can get this cheap...



To: E. Charters who wrote (8645)3/30/2006 4:46:25 PM
From: LoneClone  Read Replies (1) | Respond to of 78416
 
Actually, EC, they sound a lot like GPXM -- trade on a crappy exchange, saddled with the reputation built up by previous poor management, extremely rich ore. (One of GPXM's engineering problems is that their ore is too rich to be milled without dilution.)

Based on what I have learned so far about Roxmark I would invest in a minute if they were on a better exchange.

LC


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