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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: David Rowe who wrote (1737)	3/1/1998 10:07:00 PM
From: Stocks	Read Replies (1) \| Respond to of 2635

Thanks David-R for a succinct and detailed response and to David-O for some good hard questions...most of you know I've been on this thread for some time and unlike most threads I've seen this thread stay away from the hype and bullsh*t "most" of the time. When it has shown up it's been dealt with promptly by numerous posters. It's good to have some fair questions asked and some good analysis. David-O, let me add to the already good post. No one can or will guarantee that this stock will go up past present levels and of course it may go down. Drill results may not pan out and they may find nothing at all. Those that say it will be rocketing to the moon because of this and that are out for themselves and use their information with a grain of salt always and always do the best DD on your own you can. As for MIQ, it's no different than most gold stocks out there, with the price of gold at almost 20 year lows, the heard (most investors) just aren't interested (yet!!!). They are looking at the record's that the DOW and TSE are breaking daily, ignoring the turmoil in Asia and saying I'm buying what everyone else is buying, they can't all be wrong. Gold and gold mining stocks are for the contrarian investor right now. Let me rhetorically ask you this when you evaluate this stock, "When the heard comes back and decides that gold stock's are again a buy, where do you think they will look first, to some company far away in the deep African Jungle just starting to drill, to some mining company almost out of money with pie in the sky promises, or to a company in an area where gold is know to be abundant, an area of the world where gold is the cheapest to mine, with a major as a joint partner making it their #1 project, money in hand, good to great results from about 5 zones, another two wildcat zones that are promising and about to get underway on their 1998 drilling program". No one can or should be guaranteeing anything, but considering on MIQ's property is the 2nd largest gold window in the Carlin Trend. There are only three, with the largest being on Barrick's property (about 20+ million oz there) and the 3rd largest on Newmont's (about 8+ million). Considering the results to-date on MIQ's property, particularly from Bunker Hill and to-date it's all been shallow drilling and the gold window, either we're the unluckiest bunch of gold bugs, or we're looking for an elephant. As I've said before I'll settle for a small pakiderm <sp>. Anyway we're all watching this one unfold together, rest assured you're not the only one with a substantial position, I know there are a number of us on this thread with some very very substantial position's in this stock and from what I understand most have been adding at these levels. I've not heard any one that has been selling. Great questions and answers guys, let's keep MIQ on their toes! Brandon