GREY:MAOMF - Post by User
Comment by
gossincon Aug 19, 2007 12:19pm
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Post# 13269018
RE: I should know this but ...
RE: I should know this but ...All answers lead back to the fact that maanagement pays themselves in shares vs cash. Hence, all releases tend to understate what is there. Best example of this was how they put Comtois into a state of hibernation such that they could hose CAMECO out of thier 49% at $.49 CENTS per share with no NSR. Let's not be "a cameco".
So, we have to be here and then just forget about it until management decides the story gets told to generate their pay for yesterday and today.
There is no hype here. Just real value growing wih each new drill result.
Similiar story to the Springpole Gold Project that Gold Canyon has. Very conservative vs what is really there per a geologist at a recent annual meeting for another of many stable.