RE: RE: RE: thanks for the memoriesHuge potential?
Really? how have you quantitatively evaluated what may or may not be in the ground at Bonapart?
Or have you just heard yourself, Goldbuyer and EZ spokespeople say this so often that you just take it as fact?
It has potential ... sure ... but huge potential? by that definition of huge potential any point on the earth has huge potential.
This property has potential in that we know there's gold there. However, there is no way of estimating how much gold there is (only way to know is drill and delineate a resource, and as we know EZ does not want to do that).
There's a very good reason mining isn't done in this manner any more ... part of the reason is a company can't get any real investors without offering them some sort of guarantee that there is something to go after.
Take a look at the last time they pumped this up. Do you know why people got in? Because EZ said they were shipping rock to Kinross and were expecting a cheque within 60 days ... 18 months later, they got a cheque. and not only did it take 18 months to get it ... they didn't even have enough rock at Kinross for a full run.
This stock is not considered a risk, it's considered a bad investment.