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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?

To: r. c. cummings who wrote (8761)	9/16/2006 8:06:15 PM
From: teevee	Respond to of 19697

r.c.cummings, I am not inferring a pumping issue from aerial photos. I am stating that water issues are a fact, looking at information shown on ARU's website showing the cross section geology, aerial photo's showing the river, plan sections showing topography, and photos showing climate. These are issues that have not yet been addressed by consulting mining engineers who do scoping and mine developement studies. Nor have they been commented on by ARU. I happen to believe they are very real issues and risks that will affect the economics, amount and cost of gold recovered, and ultimately, what the discounted NPV might be, which will affect the share price. At $30.00/share, and political risks aside, I see far more downside than upside when considering developent risks and their impact on return on capital and return of capital. Mining is a business isn't it?