To: Land Shark who wrote (13143 ) 6/11/2006 1:24:54 PM From: E. Charters Read Replies (4) | Respond to True, the average stock does not go from 15 cents to 15 bucks. A 100 banger. But many stocks start out that way, and if you look on the Nasdaq and NY and TSE not a bad number of stocks get to multi bucks. 1000's in fact. At one time they were much lower in price. No doubt at the first issuance and founding stage. How many fail on the way? Hard to say, but the multiple of stocks that are say 2 bucks to stocks that started out at say 25 to 50 cents has to be fair. Perhaps one in five or one in ten appreciated that many times or more. So how do you distinguish? Well many stocks appreciated in this last metals bull, perhaps 50 to 75% of them. So it is NOT that bad to assume that a small priced stock will go up the ladder, if they have fundamentals. And in a metals bull, i.e. where a good price regime that still exists, (trust me it will for some time as long as China and India grow), then we have business-oriented, occidental, not accidental companies, that sell metal, that will go from founding stage to several dollars. I could list ten or 20 that have good chances. Excellent I would say. We are not talking discovery, but more exploration and development.might tackle the Gold Eagle extension. Deep, and expensive to get to relatively. But good ore. I don't believe they can do it thru the Goldcorp shaft. That won't happen. Deepening the Mackenzie Island Shaft might make it. Do they see that? Will they do Cochenour access? Also possible. Can they? Now that is good for a 4 banger down the line. Harte. Good resource. But they gotta spend money to get to it. Their deep drilling is thru a major. Slow. Their better resource has to be manoeuvered on. Hard to get to that way. But they could produce and if they do at any per cent, their stock is dirt cheap. Dirt cheap. Pelangio I have not been crazy about in the past. But they have two good resources. Africa thingie is good, Ontario is not bad. Lakeshore makes me wonder if they will ever get off the pot in Timmins. But some stuff they got there is close enough to surface, and mineable. It could be done. Apollo people sound like never miners, but their Glimmer resource ain't shabby. Mill? Where? Tough. Intent? Who knows? Even Moneta-Acrex is a problem with an orebody. 650,000 ounces is nothing to sneeze at. Some of it is even high grade. When? Will they act? Can they, will they do it on their own? Only way it makes sense, but hard to finance at 17 cents.
