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


To: Metacomet who wrote (11517)5/17/2006 4:30:52 PM
From: E. Charters  Respond to of 78419
 
Well it would seem obvious to me, but let's say they are advanced small scale mining with low capex. Their only drawback is their less than liquid market right now, and the high number of shares out. They need to raise the price of their issue and then they have the power to raise real money and get some properties into production. They have a chance for two or three producers one or two years out. Markedly better than most, and capex is about 30 cents on the dollar if not less.

EC<:-}