RE:Coming Soon?
Goldrider wrote: Hi Doug,
Thanks for hanging in there with us dispite the recent
B.S. from a couple of posters.
Just wanted to comment on a somewhat recent post from the Time and Money handle. The continuous use of the word "soon" has really become a sore point especially for us folks who have been here a while.
It was used again a couple of weeks ago and basically stated a significant change "this month", meaning August.
Being September now, I really haven't seen anything of any real significance except for the USGC agreement, but I don't really see that as new.
Can you please comment on this ? It would be appreciated by us long haulers for sure!
Thanks very much Doug.
Goldrider
Goldrider,
I am not sure what you want from me. As an investor I am eagerly waiting for the "material change" that Cynthia speaks of. I believe the finish line is drawing closer day by day but I don't have any "insider" information to share with you and even if I did I wouldn't be allowed to share it. I'm very happy I didn't put all my money into Victoria Gold Corp. What a disaster! Many investors lost their life savings over night without any warning. Why is this important? LME isn't located in a remote mountainous area with limited access. There are so few credible open pit mine options in Canada and LME is one of them. Ontario is also one of the most mine friendly jurisdictions in the world. Remember a few months ago when I shared a comparison of Banyan Gold with LME? At the time Banyan Gold had a market cap of over $110M with similar reserve numbers to LME. Now they are trading at less than half that value because they are next door to Victoria Gold in the Yukon which has quickly become an unfriendly mining jurisdiction. My point is that you have invested in one of the few strategic mine locations left in Canada. Will your investment in LME prove to be worth the wait. I think so...