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


To: AlphaRomero who wrote (54756)12/30/2007 2:12:59 PM
From: pogohere  Read Replies (2) | Respond to of 78431
 
No, I don't hold any ASLM shares. I do own USA and ILDS--and have spoken to Bernard Lannen of ILDS at length on several occasions. I think ASLM will have to reduce significantly the royalties called for before anyone will develop their property.

I believe USA is shaping up into an excellent producer. I'd like to see them work something out with ILDS; USA now owns ~5% (?) of ILDS.

Back in July '07 ILDS said it created Independence Resources, into which it might put Independence West, which it believes is not valued at all by the market. IW straddles some of the mineral trends between Hecla's Star-Morning Mine and HC's DIA Project. ILDS suggested it would distribute shares of IW to ILDS shareholders. (see the website for the July 17, 2007 doc:http://wallace-id.com/independence/index.html

I own a number of silver juniors now, including EXN, KS, SVL. I also own MFL, which I bought as a silver junior, but which now also emphasizes its gold resource.