RE:MM of JRI (on Quinton Hennigh)
4marlin wrote: has commented over on ceo.ca.
I do not think that it was appropriately nuanced.....well, there wasn´t any nuance!
As correctly pointed out by Crashcomingsoon, Quinton indeed sugarcoated his response.
The unambiguous, black and white, truth is that both the Albert Lake and Gochager campaigns have disappointed todate;- the former scoring a 0/10 whilst the latter has yet to find high grade in economic widths.
Put another way, results have so far fallen way short of the hypothetical geological thesis....which some time ago included references to Nova Bollinger!
Quinton is clutching at straws/the narrow width i/s which, admittedly, may still lead to the mothership - hopefully as I write.....or we will be diluted out of existence going forward.
Bb
Well I'm not as negative as you. Even if they don't make the big discovery during this round of drilling the geological thesis is still very much intact on both properties. And you keep saying being diluted out of existence but I will bring your attention to a couple other favourite companies that Quinton Hennigh promotes and nobody talks about their far greater number of shares. TECT and SIG (Tectonic and Sitka) have 330 million and 250 million shares respectively.
So Fathom Nickel has much less shares outstanding so it is a bit early to be talking about being diluted out of existence. Even if Fathom does another financing of $5 million at 10 cents it still won't have as many shares outstanding as the two companies mentioned above. And we haven't received any assays yet so we may get a surprise or two going forward. Just saying.