RE:RE:RE:RE:Does anyone seriously believe these projects will be mined?I know very well about this company. If you understand mining economics you know that none of their properties has any hope of being mined profitably. No bank would lend money to build mines around these properties because they are sub-economic, and they wouldn't get it back. The theory is, that when gold prices rise, the deposits become attractive. But over the long run, gold and other metals are correlated with all commodities and input costs, such as diesel and labour, so margins don't expand. Anyway, these deposits are so deep out of the money that no conceivable metal prices would make them economic. The real thesis here is speculative, i.e., greater fool investing, where you hope someone even more stupid will come along and pay you more for these deposits, which is only likely to happen in a rip-roaring bull market. That is possible. The promoter who runs this company is not exploring and developing these properties because he knows very well they are worthless, and he doesn't want to dilute, or can't raise money to spend on them. It is rational, because money spent on them would be wasted. So you are just waiting for gold to go to $2000, not because the deposits will become economic then, but because unsophisticated investors or poorly managed mining companies may buy these assets. It is a long shot. You are waiting for Godot. For $100 million, why not find decent properties which have a chance of being developed into an actual mine? So many many tens of millions of ounces at a fraction of a gram deep underground are worth only as much as someone is willing to pay for a claim on such a property which will never yield any bullion. If you want to be successful in mining investment, find mines being constructed or already built, and read their technical reports to find out what factors matter in making a property viable as a potential mine.