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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by mrmrreon Jul 18, 2007 1:08pm
219 Views
Post# 13109442

RE: mrmrre

RE: mrmrreAs I indicated, I do not see another BreEx brewing. What I do see is different levels of promotion that may or may not reflect what is actually going on. Deception not fraud. In the case of Tara, I will write more when I get time to link my comments to my DD. However, suffice it to say I will always be skeptical of a gold company with a Chicago address, with no listing and unaudited financials. The point I am making is about disclosure. I think that Tara also has title problems at Lluvia de Oro. Paramount is drilling to prove up San Miguel, at which point they will buy out Tara for a few million dollars. Hardly the upside TGLD shareholders are expecting as the news releases indicate a 30% interest. GGI is not turning a single drill bit in 2007 and I would hardly call that traditional exploration. Again there is no right or wrong way to find gold and silver. There is only ONE way, through the drill bit. At the risk of pissing you off, I am not sure that being the largest US BreEx shareholder qualifies you as an expert in precious metal stocks. If this is how you look at the mining business, as an entrpreneurial effort, you will probably be burned again.
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