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


To: heinz44 who wrote (49168)9/18/2007 2:34:39 PM
From: mimur  Read Replies (1) | Respond to of 78419
 
BMK /7 helicopters? that a bit of a nose stretcher...do the math...$3k / day per chopper $100k/ week ....the entire district has 7 or 8 choppers floating around...quite a few in there pegging



To: heinz44 who wrote (49168)9/18/2007 2:43:30 PM
From: maxncompany  Respond to of 78419
 
BMK has been busy,using 7 heliocopters for some time now ,staking

Bernanke just borrowed those helicopters.



To: heinz44 who wrote (49168)9/18/2007 2:56:06 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 78419
 
Yes, it seems BMK is the only one in the area besides NOT actually working on their property, so I guess if you wanted to buy one, that would be the one. However, they had some financings with lots of shares at $.10, including one they just closed, so it's hard to see any rally holding up.

"By the way area is very very remote ,no infastructure for 100's of miles...lots of bugs, best to drill in winter
hope NOT gets great results this is what we all need to kick start vancouver mrkt"

Yes, this is why I think all of these area plays are overblown after their enormous runs. It takes far more than good drill results to make a profitable mine. If any profitable mine comes to the area, it will take many years and lots of work and share dilution after many excellent drill results to get there. Building and operating a mine in such a remote area is very expensive.

IMO, lots of speculators will lose lots of money in this area. Congrats to those who have made a lot to date, but they'd better be careful not to give back those profits.