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

To: marcos who wrote (39070)	4/28/2007 1:58:11 PM
From: E. Charters	Read Replies (1) \| Respond to of 78411

Yes, Yoda, share structure is all important. Too much paper overhanging the market getting dumped at regular intervals is all too often what you see, the market mavens mining the probabilities in the bull markets. But is it illegal? Well, no.. is it immoral? It depends on how much they know and how hard they try to do the things they say they want to do.. you can't ask them to die any broker than we do.. I like to see stock support. In fact it is all about finding longer term holders... than the insiders.. the vaunted noble values of many a firm paper play with a supposed mine here and there is just that.. a bunch of brokers convincing the many who hold and do not trade.. doctors, lawyers, dentists etc.. the many.. with money.. that the paper they are selling them is worth what they paid for it, and more.. Does Roxmark do this? Millstream? Well I know their share structure and the answer is while they may not seem so noble in some glances, in fact the answer is no. In the RMK case, the Maloufs have held their shares for 25 years. Practically the whole 30 million. So you know whether they have power to convince people they will build 4 or 5 gold mines or not, that is not in their intentions to milk the market. In fact everything tells me that (mining the rock, not the market) is where they want to go. But they need big money and perhaps partners to do it. Narrow vein stuff takes skills at that, and deep belief. Deep orebodies take a lot of drilling. You could have pounded 360 holes in the Magnet Mine if it were needed. And that is 450,000 feet of deep drilling. $12 million worth. Fortunately they don't have to do that. 1 million should do it, given the previous work. (10,000,000 or more depending on how far you want to go back) And the big money for narrow vein mining, (you HAVE to know how to do just that and control dilution in today's environment. This is a rare skill and needs specialized experienced people...) So the trouble is, it ain't no easy stock play. But that is what you find about real. You see the blemishes plainly and it can scare you away. I admit that. But there is more substance behind the layers with real. You have to learn to peel back the onion. There are damn few good high grade narrow vein mining stories in Canada. I can't think of any offhand. You could take a look at Sangold, Agnico Eagle, Claude. They are good comparators I guess. Take a look at their share price and shares out. Rox is not quite ready for that class as their ops are a lot higher grade but smaller, but the story is ounces not tons. Remember that. Everything RMK has is north of 0.30 OPT. The magic number for positive dollars in CDN mining at any width for 50 years. Some gold drilling coming up I hear. It should be good. Millstream is pure accumulation. 3 years of it. I can vouch for that. The market is being moved, but not by dumping vast quantities of paper on suckers. You have to see where that orebody is going. And there are damn few like it in Ontario. Mac Watson and Falconbridge only wish they had it. It's a doozy in the making. Good hunting, Will. EC<:-}