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Gold/Mining/Energy : V.LTH -- Ignore unavailable to you. Want to Upgrade?


To: hugh thorne who wrote (837)7/15/2008 1:11:26 PM
From: wilyhunt  Respond to of 874
 
Hey Hugh..that's good..if you want to buy other zinc stocks then go ahead..hopefully that means you will stop posting on this board.

Hughy..good luck finding a better zinc play than Lithic.

Post the Junior zinc stocks you think are better....I will call your bluff.



To: hugh thorne who wrote (837)7/15/2008 1:54:05 PM
From: chester_what?  Respond to of 874
 
I follow a lot of zinc plays, and am wondering which ones you feel have better potential and management. Or, that have had such better drilling programs over the last year. To be honest, I think you have to call the organization of this drilling program and the first couple of holes a wash, and here is why. Firstly, Lithic is a relatively unknown company that had difficulty in lining up a contractor, and when they did, had difficulty lighting a fire under their ass initially. Sure, this can be attributed to some inexperience as a CEO on Chris's behalf, but he did what he had to to rectify the problem - camp built on site to reduce travel time, got the contractor to get a second drill on site, and did what he could to expedite cores to the labs. So, yes, the timing wasn't great for drill results and there were some f'ups early. But what really is your complaint regarding management in 2008 - if you chose to retain resentment for 2006 and 2007, by all means, but I have been impressed with Chris, who is basically acting as the lead geologist, fiscal steward, and CEO. But, I don't get caught up in the past with management if they have demonstrated significant improvement.

You want bad management, then check out what happened to Yukon Zinc and note that Selwyn has the same leader.

Or for comparison, check out Mantle's valuation to Lithic's and how they failed to surprise with their 43-101, leaving some disappointed based on their expectations.

Or how about Tamerlane, while they have hit some amazing drill cores, those aren't for inclusion in a 43-101, but deciding where best to begin development. Further analysis shows that their really high grade R190 deposit is only 1 million tonnes, with the all the huge tonnage historic resource being very low grade. Their recent press releases are deceiving as they are not resource expanders just testers unfortunately.

Or how about SLAM.....are they better?

Could you provide some zinc juniors you feel are better?