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: marcos who wrote (45223)7/19/2007 12:57:38 PM
From: loantech  Read Replies (1) | Respond to of 78421
 
WGDFF rolls along. I had an interesting chat with them yesterday. <G>

Assays coming working on other stuff. More trucks arrived. Time will tell.



To: marcos who wrote (45223)7/19/2007 1:45:44 PM
From: ogi  Read Replies (1) | Respond to of 78421
 
That may be the case Marcos but I don't think this will hit the whole jr sector.I think the worst of this SWG fall out will be directed at China and the jrs working there more than the whole industry. Also, it is not yet clear that anything duplicitous or even erroneous has taken place, rather, the chain of command over samples was bad enough that they are severely compromised. We need more info, comparison's by some to a Bre-x style fraud are inappropriate, no out side agency has discovered this and the company itself is moving to determine the truth.

I don't own this one, mostly because the market would not give it or China the valuations they should have, assuming everything was accurate and I, like many others, do not trust the Chinese system and the rampant corruption that goes with it. I was prepared for others to blaze that trail. I am sorry for those who have been victimized in this, whether by incompetence or purposeful fraudulent activity I don't know, but I think the reaction will be much more "China" than Vancouver. That is only my opinion of course, if this hits the industry as whole we will have the answer within the week.

Cheers,
Ogi



To: marcos who wrote (45223)7/19/2007 1:50:26 PM
From: chip  Read Replies (1) | Respond to of 78421
 
Do you think some of that cash from people selling ZNC is finding its way into MMG? Its having a good day!