GREY:MERMF - Post by User
Post by
docmzon Oct 22, 2010 7:01am
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Post# 17596966
Imagine if this is just ...
Imagine if this is just ... ...the tip of the iceberg !! Definitely waiting for the homerun and I'd say our chances are PRETTY GOOD .
If we find many multimillion ounces, most likely the chinese or Kinross will come and gobble MER up. The Chinese and Major gold producers are always looking for OUNCES in ANY country as they try to gobble up the last remaining large gold deposits. THERE'S no easier way to pick up ounces than buying these junior mining cos with a significant find. If the deposit is worth billions of dollars, the producer will build the necessary infrastructure to mine all year long ( GREENLAND NWT YUKON COLUMBIA CONGO etc... they can build anywhere ) Remember, labour is pretty cheap in mongolia.Good luck all.