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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?


To: Islander who wrote (8040)4/10/1998 12:16:00 AM
From: E. Charters  Read Replies (1) | Respond to of 10836
 
Weird Scenes inside the Gold mine.

Every day I get up and look out the window and see on my left the McIntyre Headframe and on the right the Hollinger Headframe.
Between these two small mines they wrested 36 million ounces of Gold until closure in 1972. Basically Timmins is one big gold mine about ten miles long which has produced 60 million ounces in 90 years

The McIntyre was developed by a 26 year old Toronto financier by the name of Bickle. In a way when I met Marc Oppenheimer I was reminded of him. For the first years of the developing of the McIntyre everybody called it a no gold scam and promotion. Yes.

I live in gold. I know what is at stake. The biggest financial empires in Canada were built from gold, Brascan, Hollinger Argus, the Globe and Mail, Noranda, all were financed by gold mines. They are a cash cow. Make no mistake, Dome did not dream up 2000 pages of legal brief because they are losing a no account money losing venture in a country to forget. There is a lot more at stake here than the average investor realizes. It's Dome's fault. Canada's great grey brigade of home grown financiers has no good blood to replace the old boys. They have ignored quality and promoted wood. They are paying a price.

Serves em bloody well right. I will relish the KRY victory, a hollow one for me at my age and the little I will make off it. It is more moral than anything else.

EC:)