RE:RE:RE:RE:RE:Sirhumpsalot Krispin, I am not telling anyone that it is not worth a gamble. It has potential. But the problem is the group that always touts thier pick as the greatest in the world and talks it up as a guaranteed 10 bagger. I always look at every project with an eye for reasons not to invest. If I don;t then I have not done my research properly. If after looking at all the reasons not to invest I still see some potential then I buy. I actually hold a small position in this one. I am still thinking about dumping prior to the drill results. My gut is screaming for bad results but they are using some deception which might give the stock a nice bump. If the decpetion fails and they have nothing left to back it up then it's all for nothing. I will probably dump this week.
Krispin wrote: SirHumpsAlot wrote: Keep it simple, just read the 43-101..... It's a long shot!
Read it again from a "reasons not to invest" perspective and yes (like all gold projects) there is risk embedded throughout the document, but for shitsunami and giggles, it still looks worth throwing a couple bucks at.
One line in the report keeps me hopeful
"The Caron Technical Report stated that “since custom milling opportunities exist in the district, the property does not necessarily need to support a stand-alone mine/mine operation to be viable.Even a small or modest tonnage ofhigh grade ore could potentially be profitable to extract, given the excellent infrastructure of the region and the property itself” (Caron, 2014).