RE: KensinI appreciate your respectful response. Like yourself I am invested in NES, I just wish there was a TD report out on it when it was under a $1.00 O fcourse we have no way of knowing if you have shares in anything? You just appear out of nowhere to save us from ourselves. Your suggesting CYD which is off 50% and ADG which trades 7000 shares a day? KGN and FRC have been arounf a while but it is difficult to say what the upside might be now. Unfortunatley we can't see the other posts you make on other boards so your agenda is difficult to ascertain.
I do know that the websites provided me with the information on VEN and CAN as to their expected costs for abstraction. Having attended both AGM meetings over the last two years or so I have a pretty good idea what is going on in each camp.
I suggest your not a speculator. As an example a number of us are nvested in Cline Mining a coal play. One of the members who had posted for about a year suggested one day that we might want to look at V.INT as Social Media could be the new .COM Having investigated for 10 minutes I proceeded to buy 450,000 shares at .42c and in 10 days sold it for about $2.05 avarage. If I was a chart, no risk person I would still be looking at it wondering why it has traded 1 billion shares in the last 6 weeks with no sales, no money and obviosley no money just debt.
Not to compare Oranges to Apples but in slow motion mining stocks can do the same. You might not think there is 30 mil Geita style ounces at CAN but you don't know. You might calculate that the market is done with CAN because of the lower lows and lower highs but again no one really knows. So for some of us we take a % of our $$ assigned to the mining sector and put it down on the few horses we believe have a chance. As an example (shameless plug) I bought 300,000 shares of V.BRG at .18c This will be a one hole wonder or not. If they hit in the next month it could prove up a million ounces and hit .40-.50c and they re-finance. only 25 mil shares out. If not back to a dime. For me it is worth the risk because the upside is so great. Same with NES Two absolutley shocking holes with a modest market response. If they hit again it will double. If they don't back to $1.70 ( they need Mr. Earle over there to promote)
What CAN has going is, TD wants this stock at $12.00 They have enough power given the drilled resources to get it there either in a buy-out or a functioning mine in 2015. I for one will let my core ride this horse as I believe they have the goods and although adversity confronts all mining operations , Gold finds it's way arounfd it most times.
You are likely not an investor who thinks, "Everyone is selling off, the charts look bad, the price is cheap, now I'm buying!" Most don't buy on these signals. Myself , I look for good companys and good potentials with great stories who are being punished for just being a Gold play in May?!
I have responded to you in the first persom as you addressed me directly.
I wish you well in your investments.