GREY:LBEFF - Post by User
Comment by
Vanchesteron May 02, 2009 10:45pm
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Post# 15962440
RE: RE: RE: RE: Oh ok Drill
RE: RE: RE: RE: Oh ok DrillWhaler,
I have time after time backed up my criticism so you are sadly mistaken to think that way. You must be thinking of Drillbit or Beerbelly that continually deflect questions put to them. So if I must, here you go again:
1. You will see this stock below 50 cents. The economic crisis is only starting in my opinion, and this bear market rally is only going to make it worse. Also don't forget about gaps being filled 90% of the time (all TA gurus know that).
2. "-we have been waiting for a trio of reports that are a year in the making now."
What makes you think your "trio" of reports will be good news? Because its taken a year? Because of all the infill drilling? LOL! The length of time a report takes to come out has no bearing on how great the results will be. I guessed it would take a year for the NI43-101 but also mentioned I have seen them take up to 2 years. If the NI43-101 was within sight, you would think this stock would show some momentum, thats is if the report is favourable, and not wallow around 50 cents with very little interest showing and thats with a NCIB in place. Just think of the money you could have made getting out and then gettting in a year later.
"-will we ever hear about the VTEM they flew last summer?"
No. Results are seldom reported and those that are are for "prop up" reasons only.
"-dewatering permits whould be forthcoming, apparently they are easy to get?"
No, dewatering permits are not easy to get. But to get one, one has to fill out an application form. Seems this "preparation" period has taken over 2 years and counting.
"-I am even excited to hear what almost 10,000 pulp "re-assays" reveal?"
If you are looking for some spectacular assays you would be wrong. If they were that great the company would have asked for them the first time around. You are looking at small amounts at best but may be needed for the economic viability of the project
"-Jasper looks to be on track and progressing along."
If 2+ years and counting is what you consider to be on track and progressing for a simple transfer of a property then so be it. Not in my books.
"-Maybe we might even get to see if the NCIB kicks in later if they are sincere about wanting to get that 10% of the float they were shooting for within a year?"
Considering this has been around for 6 months, I think you should be happy it has you currently above 50 cents. I believe there were calls of $1.50 or more resulting from the NCIB. I suggested it might be used to stop the bleeding in the share price but no one liked that suggestion. Remember, the NCIB cannot be used to set the price of the stock but only to buy stock at the price of the last trade. Hope you feel this was a wise choice for the company to spend their money.
"- then there is the unknown and external which we cannot control.....the future price of nickel?"
Are you telling me you could control all of the above points? LOL! You control how you invest, nothing more nothing less. You took the path to sit.
"3. I am no expert either, Heck we have seen all sorts of people add their two bits, give them credit for having the kahunas for doing so.....where would any thread be without it? Usually one can tell whan an expert is posting."
What you consider to be an expert will be very different than what others consider. Like Darcell. Some consider him an expert others consider him a promoter. Believe what you want but make sure you believe 100% in your opinion.
One last point. Once the NI43-101 is received, it is considered a material change, and will have to be reported publicly within the specified time limit. Good luck.
v.