SI
SI
discoversearch

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.
Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?


To: Steve Johnston who wrote (2949)1/4/1999 8:23:00 PM
From: Valiant  Read Replies (2) | Respond to of 4256
 
"Smart Ass" response...................................

My response was in no way a "smart ass" response. I was simply making light of the situation. When you are playing with stocks like these...
You are going to get burned if you think you can analyze their financial ratios and cash positions. The fact of the matter is that there are only two options:

1) They are on top of a diamond mine we all get rich.

OR

2) They are on top of hiking trails for people from Ontario.

If there is nothing on their land, it will make very little difference how much cash they have sitting in the bank.
If they have diamonds up to their ears, it will also make no difference how much cash they have in the bank.

Now, I realize you think my comments are pretty ignorant from the perspective of your overpowering capability of thought, therefore you need not put much weight behind my brilliant (and obvious) point about junior mining companies.

Just don't try to tell me that their cash position might determine the length of their existence. If they have the diamonds - it won't matter.

But even if you don't get burned, you need to realize you are playing with matches.

And don't think your response to this post is going to discourage me from defending my ability to grasp the reality of a situation.

Sincerely,
Valiant/

I am highly unimpressed with the level of maturity which was displayed when you made your highly sophisticated comment.