Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Proud Deplorable who wrote (174530)	9/12/2009 9:05:45 PM
From: E. Charters	1 Recommendation Read Replies (2) \| Respond to of 313995

God just doesn't like you. He realizes he made a mistake and instead of sending you back he decided to torture you to get some fun out it all. Anyone who says God is not given to childish pique and tempermental fits of abject cruelty just hasn't lived. His excuse is when he is caught at it is, "if everything was nice all the time, you wouldn't appreciate it." Celestial justice appals me. EC<:-}

To: Proud Deplorable who wrote (174530)	9/12/2009 9:46:54 PM
From: E. Charters	Read Replies (1) \| Respond to of 313995

Well you are probably more correct than not on the last statement. But the difference is I actually lived these experiences for 30 years, where you are in one instance inferring that because PA decided to sell his shares to the highest bidder he is selling out. So far you haven't lost a billion dollars in opportunity cost on a property. Call me when you do. Then lose twenty of them in thirty years. Call me again. I will buy you a beer and we can plan to go out and lose 20 more. It's a bitch. I demur. PA sold out because it was the only realistic thing for a JR company to do. He could not turn around the entire crooked enterprise that is Ecuador. No junior is going to apply the necessary grease to mine 13.7 million anything. Vz is the crookedest country in the world. Ecuador and Peru aren't far behind. One person I know was hijacked in Peru twice at gunpoint. Two of his friends were shot dead. I prefer other locales, but hey! If they have gold in Peru by the boatload, who cares? Geologists only need $1.50 an hour more to dodge bullets. Jobs right now are scarce. All that murder talk you are hearing in Mexico? The murder rate is down by 60% in Mexico since 1990. So why are we hearing all this talk? hmmmm.. seems like somebody is doing a shake up. Obama just got elected.. now what could be going on? I think people need to know what I am telling them. They can easily see the dilemma facing ARU. That a 12 year old can figure out. 'Yes I think it is terrible that junior miner cannot finance the gold mine and reach $X a share in honest old Ecuador. So how high would their shares have got? Well looking back on it at $1000 an ounce it looks ABC doesn't it. They have maybe 14.5 million ounces equivalent. 14.5 billion in ore. One billion per year income. Minus what in government gouge is the question. If it were Quebec it looks impressive. If the Ecuadorians, no matter what Minister Juan Valdez lies about at a cabinet meeting, can and might well implement the biggie tax. 70%. If you don't grease them well enuff. So what is it worth then? Costs of $280 million. Mining costs of $150 an ounce. Pay it off in 18 months. My bet is they only take home $232 million/per year out of $775M profit. So far GUY has not financed an almost equally profitable mine in Guyana, although PS he says he can. If that were the take home, then at 120 million shares out, at 7.5 PE they would be worth $14.26 per share. Do the Math. Of course if you want pie in the sky profits and you love Ecuadorian finance ministers in your spare time, then and only then do they make in the 20's a share. Ideally. I think the sell out was wise even in retrospect. The rule has been in CDN mining, sell the stock just before the feasibility comes out. No change here. But K isn't out of the woods yet. they still have to get permit after permit, and if I am right, then they will be something like Shield Gold trying to get Northern Securities to publish their prospectus. Waiting and waiting and saying, mommy, what happened in 2012. The object here is to make money. I did name a few names and put a bit into it didn't I? I wouldn't dare do it, if it were the slightest bit of fiction. I will wager not too many people would risk that. There are some real snakes in the grass here. Fortunately I outlived most of them. They sound big and tough and scary, but they are only people, just like you and me, albeit with a lot more power, and money. The reason to do it, is to extract a few knives from my back that people think they can politically place with impunity. The internet is a unique medium that allows us to do that. Prior to 1994, few people could get stories like this published that could be read around the world in a heart beat. I can just see the Globe and Mail publishing this letter to the editor back in 1980 when my cousins got their salvage boat hijacked by Trudeau's order to the RCMP when he found out they were going to clean the Suez Canal of broken vessels that Mossad had sunk. Now they can. Nice. Real nice. With what I know I can either get bumped off, or manage to send all the rats scurrying for the lines like they just read the words "Titanic" on the porthole. Hold on to your tinfoil hat. It is going to get interesting. Do I know what I can and cannot get away with. Well according to what I have done so far, which I really really cannot even hint at, I should. I have played in the big leagues and know what is at stake and who is likely to get pissed off enough to want to shut me up. I don't see any biggie snakes with that much at stake. We are talking small fry with nasty habits. I went after Muzylowski, Middleton and Brady and trashed them good when they ripped me off on a few deals. Cost to me was trivial, less than 250K all told. the mistake I made was not going further, and long and loud. They were cheap crooks and deserved the kick in the teeth. And they got some mad. People think they can steal and you can't tell. Well bless me, that ain't so. I guessed that Middleton and Brady talked to people about getting even with physical danger, as they are of that ilk. Muzylowski phoned the police and told them I had given him death threats and tried everywhere to denounce me at the PDAC. Most knew him to be a piece of work so ignored him. Middleton was still visibly fuming a few years later. Parres who claim jumped me and shorted me pay, called the police on me and had me charged with fraud was also trashed soundly but what he thot I did, get his girlfriend fired from her government job, I did not do at all. I think I know the source. Meant to buy him a beer and a sandwich some day. Crooks think they can steal and are inviolate. The rise to ridiculous heights of moral outrage when they are outed. It is simply amazing. There has never been as damaging a tool as the internet in history. Let me tell you it is bloody delicious. In the past all they had to fear was their name mentioned here and there in the streets. It would never get into the papers. That day has gone. This phenomenon has ruined the careers of many crooked mining promoters who could not get plays off the ground to save their life anymore. We know a few who got trashed soundly on SI. Sure has changed the ball game. We have just begun. youtube.com Inerestingly and probably co-incidentally, Felipe Vidal Santiago was the radio man who stood and waved his fist beside the umbrella man, Roy Hargreaves at the passing of JKF's limousine at Dealey Plaza. He died, tortured to death in a Cuban prison in 1964 after captur on a mission from JM/Wave CIA base in Miami to assassinate Fidel Castro. EC<:-}