Bedtime Thoughts for Greedy Little TykesMay I please play Carnac for a minute regarding my beloved Skeena?
Pass the envelope please. I have very few facts to back up the following. Call it my wishful thinking dream.
SKE may have gone too far too fast, but I don't think so, because that would not be allowing enough KAA-BOOOOOOOM factor for the still virulent Ecuadorian gold fever. This fever ain't going away any time soon. It is ancient in origin, and it is about to be fed by gold soaring.
RR may be right about delays in the SKE drill results spelling bad news. We will see soon enough. But this is just the first few holes of many.
And we are pretty sure there is a lot of gold there. The technical report and trench results point toward it.
More importantly, consider this one basic fact.
SKE founder Ron Netolitzky is allowing Agro-Industrial to continue mining an underground high-grade vein right inside the Corazon property, through the end of 2008. This was unusually generous, in my view. Why did Mr. Netolitzky, who is credited with the discovery of the Eskay deposit and who is a past prospector of the year in Canada, do such a thing? Easy, because like most of us here, he only had eyes for El Corazon. He had to have it. Gold fever drove him to it.
To conclude my night-time reverie, we do know that SKE is negotiating for additional Ecuador property.
So call it a dream, but right after SKE's any-day-now release of drill results for four to six holes, SKE will put out a second release, stating that it has acquired 100 percent ownership of properties that double the size of Corazon.
If you liked it with 50 percent of Corazon, you're gonna love it with roughly the same number of shares out and twice the land.
Michael