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

To: niceguy767 who wrote (64775)	4/12/2009 9:54:12 AM
From: Illogik	Read Replies (1) \| Respond to of 78408

My point here is just that I still do not consider MTO as a mining company, but more an exploration play. Osisko too had a nice geological model and lots of resources 2-3 years ago. But it was an exploration play at that time. Now that they have reserves and a mining plan, they'll soon be considered as a mining company.

To: niceguy767 who wrote (64775)	4/12/2009 10:57:42 AM
From: AlphaRomero	Read Replies (2) \| Respond to of 78408

IMHO, MTO is just building the company too fast..it's risky if they could do it slower without dilutions and, more importantly, it enriches management and later PP participants at the expense of current shareholders. Later PP participants disagree with me, but they've also visited the mine and had drinks with management, which can be good or bad...speculations about "urgent needs" don't fly with me...sorry! As a tip for further research, GORO.OB (which does not need no stinkin' 43-101 that Canadian companies strive for) has a professed plan to take care of current shareholders. They also had high enough confidence to build out a mine without extensive drilling for a few more years, which you could also consider "risk". (YMMV...I own a little of both as diversification. Management seems to be doing all the right things, but you always need to watch your own wallet as nobody else will do it for you!)