Portex Minerals Inc STACF

RE: The Yukon Zinc ghosts are now gone

[random88]

Really? YZC has about 7.6 million in cash at the end of September 30, 2006. It has a burn rate of 1.5 - 2.0 million dollars a quarter. It will run out of the money before the end of this year with financing. There is nothing new with the news release from YZC but some good spin. We will see YZC crash and burn in slow motion in the next six months. At the same time, we are not that far from seeing Dr. Harlan D. Meade kicked out from PAX, as YZC is crashed. Regardless whatever happen to YZC, PAX will benefit from it. If YZC crash and burn, we are not far from seeing Dr. Harlan D. Meade kicked out the door. If YZC get into better situation (sold, partnership, or loan agreement from the bank), Dr. Harlan D. Meade will get his name back, so does PAX. I am still here, because I like the property at Yukon. With the right people, this stock has a small chance to become a 20 dollar stock in the next few years. I cannot emphasis more on the term "small chance". But, with Dr. Harlan D. Meade, it will become another YZC. Question How many share does Dr. Harlan D. Meade hold? If he hold anything more than 20%, this company is doomed? If not, sooner or later, some fund mangers will step in and kick him out.