GREY:RGVNF - Post by User
Comment by
Monedas1on Jul 26, 2006 2:38pm
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Post# 11149243
RE: Focus on McCallan Not Red Mountain . . NOW!!!
RE: Focus on McCallan Not Red Mountain . . NOW!!!Curtis,
You must quote me correctly. I said, "However, Red Mountain is NOT the least bit important now." The "NOW" word is very important.
If the McCallan oil and gas deal does not work out, we will not eat sturgeon caviar and probably not even river bullhead caviar but we are NOT toast and that will be because of Red Mountain. Those of us who are long will be back to trying to figure out what the Texas boys really have and how much financing it will take to add to that model and prove up a 43-101 compliant resource. The gold is on the mountain but pushing the drill uphill with pennies was really painful. I would rather do Red Mountain gold as a kicker to drive the stock price higher and in the shadow of the security that the success with financing the oil and gas concessions will provide.
That being said, I strongly believe that an announcement of financing is just around the corner because I believe entrepreneurial greed and great properties coupled with long-term relationships will win the day. McCallan will get almost nothing if the financing can’t be made to work.
So Curtis, I want sturgeon caviar with Christmas in Quebec at the Frontenac or at least by New Year and I guarantee that Red Mountain will contribute NOTHING to my experiencing this event before November of 2007.
What are the McCallan Polish deal financing rumors, we should be hearing something soon?