SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (8666)3/30/2006 7:31:57 PM
From: E. Charters  Respond to of 78416
 
They are saddled with a low stock price.

I would say the rep thing is subjective. It is no more reasonable to say that their image suffers than to say the VSE juniors did not all grow to the size of Noranda during the 1980's therefore they are black sheep.

I don't look back in sorrow or anger. Just try to stay focused on the only thing I can change, which is the future, if I am not too fatalistic.

They have to start somewhere and they are more or less just staring on on the development thing. It is a lot harder to find mill money than it looks, as some 70 companies in Canada found out since the 1970s. Maybe some of them were just not looking.

I remember advising Rox to get a certain mill and get going in 1987. They mulled it over and dipped their toe in, but their JV people then wanted to just punch holes, not mine. Big mistake in my opinion. They were stitting on a headframe and a hole in the ground with good holes. Mining was the only thing that made sense.

EC<:-}



To: LoneClone who wrote (8666)3/30/2006 8:23:23 PM
From: jackjc  Respond to of 78416
 
Well Roxmark held on to their props during the 20 yr gold bear
and even added several mines recently and now control just about
all the hi-grade gold mines in the Beardmore-Geraldton
district which produced 2M oz gold.

EC is right about cheap, mkt cap barely covers the value of the
modern Teck mill which was enhanced last yr adding capability
and ready now to process either gold or moly.

When the weather allows and bulk surface mining begins, it will have work to do.