First off, I just happened across the BRZ story a couple weeks ago and have only took a small position for now. Like any sensible investor, I'm waiting for the aquisition to be a go or no go.
You sound bitter, probably from watching this thing sink like a rock. Maybe you invested more than you can stand to lose. Me, I've had big winners and big losers but never with $$$ I couldn't afford to play with.
Anyway, I am optimistic because I know somebody will develope Maricunga--there's just too much money to be had based on reserves. Lithium is that hot right now. I'll watch and put my $$$ in when I can see who that's going to be...
Redback Mining (Canadian) went from $40M market cap (I'd call that a junior minor) until they were bought out by Kinross for $9.2B Canadian in 2010.
Now they have the same team together to do it all again (Orca Gold--currently $46M market cap) in a couple other African countries. Its a 20 bagger from here with just 10% of the success. They have deep pockets with multi-billionaires and mining legends Lundin and Beatty as primary shareholders and all they key Redback team in their same positions to lead it, including the guy that's legendary for finding multi-million ounce deposits. They have just revised PEA due to finding more gold and water and are skipping right over PDS to go straight to bankable DFS and construction decision in January--this Canadian junior mining team has their $hit together. I'm an American and say we watch them while we watch this to see if all Canadian's are alike...
