RE:RE:What Rob McEwen Looks for When Investing in Juniorswhat Rob actually says, is ""What attracted me to them was their properties in Newfoundland," Rob said. "There's a geological structure that comes over from Finland, across Greenland, down Labrador and Nova Scotia, and down to the Carolinas. Newfoundland hasn't had a lot of history of gold mining but these companies have come across a wide structure that has some really interesting gold values.
* McEwen has also invested in
Labrador Gold Corp. (LAB:TSX; NKOSF:OTCQX),
Northern Shield Resources Inc. (NRN:TSX.V) and
New Found Gold Corp. (NFG:TSX.V).
* He also said, " "We built the mine based on a geological interpretation" ... which was also his approach which lead to the bonanaza discovery which set off the rocket ship ride in Goldcorp.
* Geology ... something that is nowheres to be found regarding the SPMT area play here. Again, the doesn't negate the possibilty of a price rise in SPMT, because the pump & dump Boiler Room appears to be fully operation on this site.