andhe adds some other points about why to get excited. With the
takeover of Redback and the potential takeover of Potash, he
suggests suddenly there is a lot of cash on the sidelines and he
expects we are going to see a lot more mergers and acquisitions.
As far as Rainy River, he admits it’s one of the stories the
Hard Rock Analyst should have picked up a while ago and as far
as Continental, he suggested that it was one of big, pleasant surprises
with their project moving right out of the gate and he adds
that Colombia just makes sense geologically. There’s been more
than a few significant projects developed in Colombia over the
last while.
As far as some of the Coffin’s favorites stories, Kaminak Gold,while down today, has had a tremendous run and it was featured
in a recent Hard Rock Analyst. Some of their other favorites
such Nevsun Resources (NSU) are flirting with new highs andwhile East Asia Minerals (EAS) has been down the last couple ofmonths amid the concern about the National Park makes some
nervous for their assets in Indonesia, Eric tells us that they have
almost 2 km of strike there and the bulk of the drilling results are
the kind of numbers that any other mining company would have
been glad to see.
Meanwhile, when we ask our favorite question, if you could
only buy one stock today, what would it be? He comes up with a
previous favorite...Riverstone Resources. He suggests problemswith a very busy lab should now be dealt with and he expects to
see ongoing drilling results shortly.