RE: RE: its not dons fault"If i believe eastmain , It appears that clearwater can becomea mining operation. The problem for an investor is how and when. How does the science project with periodic show and tell turn into a mine? And WHEN?"
I would say the issue for an investor is when does a major make an offer on Clearwater and how much do they offer for it.
And as to how much the best answer for investors is of course "as much as possible". But as to when, is the best answer for investors necessarily "as soon as possible"?
Not necessarily. If you believe as I do in investing a fraction of your money in gold juniors, with the idea that it provides a hedge against paper currency devaluation that is leveraged by the fact that you are getting gold in the ground for a fraction of the price of gold, and hopefully also a fraction of the value that a gold major will eventually offer for the gold in the ground, then you may be happy to see ER just plod along at its low stock valuation, but meantime drilling for more ounces to add to the resource base.
In fact, I bought a bit more ER today.