GREY:WFEMF - Post by User
Post by
rockhounddogon Jul 14, 2010 1:23pm
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Post# 17268849
In response to a private message...
In response to a private message...I don't own shares in this company as of yet and I am not a fan of secret messaging either. But for this case alone I will answer the question in a public domain. I received a private message an hour ago regarding this stock. Now, I have stated I don't own any as yet. Hpwever after the review of the cursory geological data, I am inclined to do so. In answer to the question directed to me, I qwould have to say and emphatic YES to the fact that this is an Asian based play and therefore a large interest of cultural proportion would be applied here. The Asian culture, much like the Indians and some African cultures believe in physical gold and gold shareholders as an investment. More so the metal than anything. As for mine details, one needs only to check out the history of the deposit, its geology and proximity to known lodes. I am not really sure,. how, what or where the company is going or plans to go with it. You can be sure with the tonnage and above average gradings already in place, any added numbers will be of huge benefit, particularly with this currently undervalued. My amateurish valuation system for the rock in place exceeds $1 per share, I think as the company website suggests they know this also.Do a little digging (pardon the pun), you will be surprised at what you find.
Skarns in particular and their potential and the 2 KM strike distance is quite impressive also