RE:RE:RE:RE:RE:RE:RE:RE:Scorecard666999,
Perhaps my "box of rocks " statement was a bit harsh, I do enjoy your (excuse the pun) playing the devil's advocate on many boards.
I too like speculation, I also own quite a bit of Lab......I like the proximity to Nfg, and that they also sit on Appleton fault. It is presumptive to assume that they will hit paydirt on first hole. If and when they do hit , who knows how many financings it will take and how much float they will carry at that point.
Although Nfld's land package is compelling, I consider them all hat at this point, needing to prove they have cattle. For too long they have been more interested in mining the market, versus mining for minerals.
If I jumped after every surficial outcrop of gold, I'd be one broke cowboy.
I like Sokomin for exactly the opposite reasons, the large float is the result of actually getting out and exploring. They have already done the necessary homework, and paid their dues. Look at the grades, and intersepts at the football, then look at south pond, the company is now zeroed in over target/s, also visible gold in upcoming core assays.
We have just gotten into a 50,000 meter drill campaign. I like where we are at.
Why our price is stuck where it is appears to be an ES private placement overhang, combined with stock being capped by short sales. I do know that stock is being snapped up heaviy in the .45 range. For all we know the company may be arranging another financing (hope not)
Market has still not accepted that we may have yet another Fosterville in the making due to the distance between our deposit and Nfg's Queensway. That perception will change rapidly with a few or holes
Stay tuned, and if possible buy more. Thank me later
Best
S