RE:RE:RE:RE:Nevada Sunrise JV to begin drilling Kinsley on Jan. 18Bakaone,
I'm not a shareholder. I may never be a shareholder or I might buy in within the next couple of days, weeks. I was doing some reading and learning the history behind the company/management.
When I came across the NR that Animas was optioning both, Mt Kinsley and Golden Arrows, it was very promising : 5 mio bucks at a time when money was not all that easy available. A few months later, with very poor results from the drills Animas was abandoning GA....and work on Mt K. was very quite.....
I have read the history of PLG also.....at the moment a much stronger company. Bigger market cap, more cash in the bank. Two projects, but that can be a distortion factor as well. I like what i see at Mt K, and the leverage is with NEV....but high leverage means high risks as well.
Maybe PLG will make a move on NEV, but there is no need to. They can spend all the money they want/can afford, and it is up to NEV to follow......not an easy task. So PLG can have control of Mt K if they keep on spending....my 2 cents, just by reading "the history" of the company the last two days.
Thank you very much for sharing your thoughts in your previous post. Two days of readings does not catch up with 2-3-4 years being a shareholder so maybe I am bit short sighted. please correct me when/where wrong, no hard feelings.
Greetings
Tritoon