Altair Minerals Ltd V.ALR

RE: RE: Nice

[metcoalfan]

When I went to the Vancouver PM convention last month, all the F&M stable companies were all grouped up together, and I talked with all of them, and brought up this issue of the assets that tend to go around between them sometimes.  It wasn't something that they really wanted to talk about much, but the gist of the answers I got all jived with the benefit of the doubt rationale I had previously come up with, and it's actually, to the extent its true, a benefit of operating within the stable.   The gist was that they can sell between themselves at a price that is more favorable to the stable company that is on the buy side of the table, but that the terms are still far better than they would be able to get otherwise when they are in need of cash or find themselves with a non-core asset - and within the stable any given company has a good a chance as any other of being able to pick up a sweet deal from time to time.  That for the most part is interpretation of what they were willing to discuss.  I don't want to see Alder turn into a Cash Minerals or a Stetson, because it winds up being dead money for awhile, but I'm back to a deep green on both.  Make a mistake and still wind up green, albeit less so than other alternatives - I'll take it.   Even on one like Stetson where the properties are looking more like they won't prove up, I have to say it was at the time it was put together a great bet for the price.  That's all I ask - good odds for the price paid.