GREY:LBEFF - Post by User
Comment by
angler21on Mar 04, 2008 11:37pm
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Post# 14597362
RE: Bidding this morning is $1.91
RE: Bidding this morning is $1.91It is always amazing when one looks at TA and one is bashing a stock Whaler one can prove anything you wish. On any run up that I have seen there has always been a pull back. It is a given fact of life. Economic news on the radio was bad and TSX went down today. You know ISM has certainly been pushed down my throat as well as many others. Fabio wrote that if we ignored each other all properties in the district would flourish and then come Sept we would offer them an ungodly amount and buy them out. There sole reason for being is to be taken out. I guess that is why they have a horrendous amount of money in the bank only one property is being worked on. Interesting for us is the fact that Redstone is providing us with the stop gap giving us revenue to get the mill prepared for when McWatters is ready. Currently we are mining the 23% or thereabouts grade and when mixed with everything else it is about 2.3% which is very good grade.
I was invested in Galore Creek just waiting for that buyout. It has not happened and who knows if it will. Certainly was a lesson to me. I do not plan my life around a buyout. Liberty is producing now and will soon be producing more when the ramp gets done. HART is proving up to be a very prospective next property. Much of the infrastructure is in place and drilling can be geared and directed as required next. I believe that in tough times I want my investment in a company that is producing. Valuations will come for this company in time. As for ISM - fabio, whaler enjoy your property. You talk as if Millright is your reason for coming here but if you are so confident about your investment - your due dilligence should be just ripping apart his statements. You call them hyenas - well look in the mirror. You might be seeing your own reflections.