OTCPK:SPVEF - Post by User
Comment by
Barley1on Oct 08, 2004 1:01pm
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Post# 8027651
RE: New News
RE: New NewsTHis shows that Dean is a pretty smart operator, and that's good for us in two respects. Firstly, it shows that he is a damned good mining esxecutive, and secondly the Chinese will be very impressed with this.
I have always regarded Spur as open to a certain degree of political risk, which I, personally, and IMHO, have always believed is "lowish". However, this story gives me a further degree of comfort. It involved raising a lot of money - and that's what the Chinese need to do, raise money! For lots of things!
The principals of Spur have demonstrated that they can do that very successfully and in the raw materials business. IMHO that's bound to help make the glue between the Company and the Chinese, stronger.
I guess it will also cause a lot of punters to look more closely at whatelse Dean does, and it won't take thm long to see what a golden deal Spur is. With a bit of luck, buyers will then hit the share price, if not out of the park, at least over the boundry!
All IMHO, and only worth what you paid for it - nothing!!
Barley