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It sounds like the orchestra plays atonal versions of The Firebird on a one string guitar. But the song is sweet when you listen between the notes. Wildcat Resources Ltd. is currently tunneling through a mile of granite in Iraq to find the remnants of Alexander's tomb. It is reputed to be encased in a 100 cubits square of solid gold. When we find it, we will phone you up and exhort you to buy stock like a madman.
EC<:-}
Bitter Fruit indeed. That is why, I Yaweh the mighty, do not promote mining. Instead I lead the gentle lambs down to the mighty Jordan River and above its tumultous waters I lift up my voice unto the starry Heavens, which I created for man's pleasure, and when my lambs behold the countless lamps of the firmament I beseech the children to look across the mighty river at the future far away, where cities gleam with gold and the bull lies down with the bear.. and peace and prosperity shall then reign..
Buy Wildcat Resources Ltd, my sons and daughters.. and riches and ease shall follow you all the days of your life, and your name shall be spoken with whispers of awe in the halls of the mighty..
EC<:-}
There is something wrong with the figures you have regarding the Premier. It is known to average 35 Carats per hundered Tonnes for 100 years. The South African Mines have averaged 23 carats for the past 50 years at least.
If the figures you have are accurate for mines today, then fine, but they are anomalously high. You should subtract the Argyle from the figures as it probably skews the result.
And it's not a kimberlite.
EC<:-}
The Russian, Botswanan and "new pipes" do not count. The Orapa, Finsch, Archangel, Argyle etc. do not count. The average grade of a historic SA mine was 23 carats per bundred tonnes. The new pipes, and the Russian, Argyle and CDN pipes skew the figures a bit.
You have to count size too. The Premier, at 30 carats/HT which produces a prodigious amount, and has produced for 100 years, brings the average down a great deal.
EC<:-}
The average grade of SA mines is 23 carats per hundred tonnes.
Canadian Mines are much higher in carats per tonne, but lower in overall carat value. This is because much of the CDN diamond content is in micro diamonds. Quality is high and resorption is very low actually, but the small size of 60% of the diamonds due to the low resorption brings the $'s per carat figure down a tad.
EC<:-}
You should never use your own opinion where mine is available. There is little chance you are correct if you contracdict me. ;)
I don't have a link to back up this claim, as I did not research it on the net. I read papers and did my own compilation.
Diamet Minerals alone has found 64 diamondiferous pipes of grade, that may someday produce. This figure alone, which is buried in company literature or the Northern Miner, makes my figure reasonable.
I worked in the business for 30 years. Trust me. I do not repeat crap. I do not collect links, and quotes, as I expect my words to be believed, or checked. All a quote does is push the responsibility onto someone else and who is to know if they are correct.
Call Charles Fipke and ask him how many pipes they drilled over 40 carats per hundred tonnes.
EC<:-}
If you add closed diamond mines and the real number of pipes that Diamet, Tahera and Diavik found that have good grade and would someday be mineable, then you can double your figure. So I am about right in 1 in 50. As a matter of fact back when there was only 3,000 Kimberlite pipes found, there were more than 60 mines that had produced and were in production. There were 23 in South Africa alone, and Russia at the time was the unumber one producer. So 50 to one then mayu have been a fair figure, and now perhaps as well.
It is bad statistics to add to the mix alnoite, sovites, ijolites and the known barren types of lamproite, lamprophyre, alpine peridotite breccias, and minettes. These rocks are known to have a low hit rate for gems, but lamprophyre, long suspected of diamondiferousness in other areas of the world is now a prime suspect due to the discovery of the Wawa dykes which are primarily lamprophyric composition.
It may be that the Canadian pipes are a special dual composition kimberlite, in that some of them appear to be both peridotitic and eclogitic as well. This was a theoretical composition not seen elsewhere. The Archangelisk or Winter Sea field in Russia may be a special type of kimberlite as well.
EC<:-}
Gold is Berseker these days than it used to be, Fritx.
Pass me the Halbred, I think I am going out to look for shiny metals and Icelandic women.
I knew several Iclandikers. Never noticed that they were raving beauties that much. But cannot say that I was extremely disappointed either. They were kind of volcanic though. You had to go with the flow. (not the floe, but that is another story.)
Ice Berg Johanssen, gold prospector and Halbred Basher.
EC<:-}
I am not bragging. I should still be reading papers. And looking for diamonds. Was not able to read paper and raise money at the same time.
Doing gold now, but I would do diamonds if I had ten million dollars.
1 in 50 is mineable. But not every one in fifty. You could obviously pick sets of 300 or more that are not. This is because of the cluster effect.
EC<:-}
That is a false statement.
Of the 5,000 kimberlites found worldwide, there are at least 100 or more that contain or have contained economic diamonds.
Diamet minerals has found 64 potentially economic pipes on its properties alone. Debeers has found 3 in Ontario alone as well as 3 in NWT, Aber has found 5, Tahera has 3 or more, and Ashton may end up with 2 more. Add to that the Russian pipes that are tied up in legal wrangles in the Archangel field, some still under exploration in Russia, Pipes under exploration in Brazil, Canada, Australia, India and China, pipes that are producing outside South Africa in Africa, as well as former producers, and all the closed diamond mines - and the number of economic pipes to non economic pipes is most certainly greater by far than 23 to 5,000.
I have studied 3,000 scientific and Industry papers on the subject of diamond mining, kimberlites, exploration diamond extraction from host rock, and field and mineral statistics. What I came up with after 5 years was that the ratio of totally barren to diamondiferous pipes you might drill on straight magnetics was about 50 to one. This meant that at a sufficiently funded level you could reduce your uncertainty to zero of finding a diamond mine. This is fairly safe exploration and staggeringly high reward, given that not one producing diamond mine has ever gone bankrupt or failed to pay its development/exploration cost.
EC<:-}
Mel Fisher is no relation as far as I know. Arthur's paper is some plentiful in many circles. He says he was involved in 4 mines. I was involved in a few too, but so far the reward is elusive.
Mel was a protege of the legendary Art McKee. We are talking Character here. As in Yosemite Sam. Mckee found gazillions. Mel found good stuff and lawsuits with the guvmint to boot. Lost a son diving. Books on both are written.
With today's sub-bouyant sleds, infrared, sonar acoustic colour sounders, maggotometers/conductivity thingie, and GPS tracking, the treasure cannot hide. Research in Spain/Engalund helps with a spicanole speaking personage. You may also need a Engalund speking person to research there. Funny admiralty records are not as accredited as the Sp. stuff.
We are also seeking some land based treasure, such as the 17 ton 4 corners treasure in NM. That has a story to it. Mined in Mexico and deposited in the States.
EC<:-}
People often overlook their most precious resources. The elephants are a source of Ivory and elephant-hide waterproof bootleather, and the bats supply guano which of course was the fuel for the Franco-Prussian war. They need bat nitrates in the worst way for the new smokeless powder.
If you delve deeper into the cave, there should be a couple of skeletons chained to the wall. These are the remains of two pirates who buried BlackBeard's Black Sea treasure which he stole from the then Governor of Santa Lucia. Dead men tell no tales, unless you are a forensic pathologist. Or a pathological forensicist.
Did you know that treasure hunters have an astronomically better success rate than VSE exploration companies? Mel Fisher, and Art McKee found billion in Spanish and other loot in the Carolinas and elsewhere. Treasure hunters stories are replete with the found, and the failures, while many are not statisctically anywhere near as prevalent as the lost mine of the exchange companies.
EC<:-}
Keep adit.
EC<:-}
They qave you the shaft?
That is obviously the secret Carpathian cave of Dr. Fu Man Chu, the Emerald pirate of the Seventh Sea. What looks like an ore car at the entrance is his coffin, long ago buried when Manchu Khan's rule of the middle Ptolemaic Kingdom ended. He was thence laid to rest with horse, and 1000 gilded warriors. At the confluence of the River Anatole and the Cypress Hills he has been hidden for this last millenia, until you stumbled upon him. His crown was rumoured to have weighed a 1000 pounds, and had a ruby diamond the size of a regulation football in the centre of it. You didn't find it did you?
The red colour of the coffin is caused by it being completely covered with rare rouge vampire bats, which are so voracious that a swarm of them can drain an Elephant of its vital fluids in the wink of an eye.
Be careful.
EC<:-}
All gold appears to be deposited hydrothermally. This means water born, chemically precipitating or boiling out into dilation zones. (open cracks) The degree of heat which is classically referred to is either hypo, meso or epithermal. The largest of the gold deposit types on the average in arcehan times, which means Canadian classically, is hypothermal. The plain largest overall is sedimentary remobilized, which is Syngenetic and low temperature (South African) Epithermal means distant from heat source, low temperature. Mesothermal is connected with not going to depth usually, eg. they may high in silver. which is a geochemical sign of "shallowness" in gold deposits. Gold deposit right near by each other physically may be different heats. In a hypthermal camp, such as Timmins, there may be mesothermal ore (there is in a few deposits but not many). Indeed in Canadian gold deposits which are an order of magnitude large than the average epithermal gold deposit, we look for incidcaitons of high heat depoisution, by looking for such indicator mineals as crystabolite, tridymite (high temperature quartz) or high temperature pyrite.
The average size of an epithermal deposit worldwide is perhaps 1 million tons. They are small. The average size of a hypothermal deposit worldwide may be 5 million tons with a fair number running to 100 million tons. A rare type of epithermal deposit runs to a billion tons, however or more, giving this class of orebody an undeserved reputation for large size. They do however run to clusters like VMS deposits, so as in the Yanacocha, they become worthwhile to explore for. Some mesothermal deposits, like Goldstrike in Nevada are not to be sneezed at, as they may be fabulously rich, although the high grade may bottom out fast. It has become fashionable to call VMS gold and silver deposits epithermal. This would mean classically they should have a high lead content. Sometimes they are, and in many cases, VMS copper deposits containing gold do evince distal epithermal characteristics, or even lower temperatures of formation. 375 deg C. They are a really a type of underwater hot spring deposit. They may run to about 1 to 5 million or more tons. They also occure in clusters along faults, so in the end, they may be worth trying to string together. Occasionally they run to 100 million tons or more. The average VMS deposit in Canada is one million tons. Not even economic at that size.
What do you look for finally? Pragmatically in the field, you look for structure of size, and drill that structure. What you find is what you find, and figure the theory out later.
EC<:-}
I am the one who got them to do that. I got Barrick to stop hedging gold. I did it one day by taking the bull by the horns.
I went straight up to Peter Munk on the street, and said, "Pete", (I call him Pete, it's his name), "Pete, you have to stop this hedging thing, It's no good." He pulled the cigar from his lips, spat on the sidewalk, and said, "You know I have been wanting to say it for some time. It just did not sit right with me, but until now, I have never met anyone with the gumption to come right out and say it. Thanks a million. And say, what did you say your name was"? I laughed. Imagine that, asking my name. Pete's a funny guy. Of course we are old friends. But the proof of the pudding is in the eating, and Barrick has stopped hedging dead. Co-incidence? I don't believe in them. It's all part of shareholder activism. And of course it helps to have old friends on the board.
EC<:-}
Hesus Cristos NYBob, youall should run a newsletter thar. That was enough information about mid asian hi polyrisk gold companies to fill up info-mine.
I don't know about the stans for mining. We hear all sort of things. that Kazahk can be dealt with, that Kyrgi is OK, as some seem to make out al, right there etc.. but you always come back to Dome's 20 million dollar loss, World Wide Minerals 35 million dollar bath and a few others.. and think... who is kidding who?
But in all the mining slaughter venues, Manitoba, BC, Wyoming, Montana, California, Saskatchewan, Mexico, Venezuela, Columbia, Argentina, etc.. some people seem to succeed despite the caveats.. there is no formula it seems. Still you have to look back to look forward. Best way to drive this vehicle is looking backward in a mirror. Keep your finger on the sell button.
EC<:-}
I note MCarvill has no trouble coming up with buckets of cash to spend in far off lands.
I am not sure whether to believe his rumours of Yanacocha like dimensions to the resources.. yada yada... but anything can happen.
EC<:-}
Feline Fur Resources
mailto:echarters@sympatico.ca
What if you leave a trail and they hunt you down and eat you?
EC<:-}
Are you into pre-public CPC's?
We gots.
EC<:-}
snnnnnnnggggggggggggggggggg
ahhhhhhhyaaawwwwnn...
snnnnnnnnnzzzzzzzzzzzzzzzzzzzzzzz
EC<:-}
Feel the burn.
Captain Zenda, the champion of the minority shareholder is on his midnite ride.
Everywhere we see the masked and caped one's mark, the enigmatic Z, emblazoned with his flashing rapier of Toledo steel, and the hoofprints of his wonder horse, but the elusive Zenda is like a Will 'O Wisp, nowhere to be seen.
Hi-Oh Zenda! Up, up and away!
I hear Zenda can only be stopped with a silver bullet.
EC<:-}
There are two local legends. One, oft repeated, has it that there was an order for rip rap from a road company doing the paving in KL way back when and the mine super sent them some material and they put in that mile of paved road. The super then called them back and asked for his 19,000 tons of one ounce per ton ore, as it was the ore pile not the waste pile that got trucked away. Ouch! Back in 35 dollar gold it was not worth it to tear up the road.
But the main high grade ore zone is spread over about a mile with the three mines. Actually the break is a lot longer than one mile. There are mines from Val d'Or to Shining Tree a distance of 100 miles along what is termed the Cadillac Larder Break. Biggest mine on it is the Lakeshore at 16 million ounces of 0.50 ounces per short ton average. Next is Kerr Addison, at 13 million ounces perhaps, of .25 OPT average and it is some 25 miles away from Lakeshore.
When the FLQ was operating, blowing up children and post offices under the tutelage of chief bomb makers Lefty Parizeau and Gonzo Dog Bouchard, the Kerr Mine being perhaps 8 miles from the PQ border was required to lock their dynamite in a bastille like concrete magazine with a triple padlock and account for every stick on a regular basis. Much of their help hailed form the belle pays to the right of Canada.
EC<:-}
DiamondWorks Ltd
"DiamondWorks remembers its dead, in silence"
DiamondWorks Ltd
DMW
shares 65,884,465
Nov 10 2003
last $ 1.24
Antonio Teixeira's DiamondWorks is posting strong profits from its oil supply business and is now reviving one of its diamond projects that should help the company's bottom line further still. The new profits come just five years after a pre-dawn attack at the company's Yetwene mine left several DiamondWorks employees dead and missing, despite what was supposed to be a
ceasefire in Angola's long-standing civil war. For a time, DiamondWorks seemed destined to suffer the same fate as its unfortunate employees, but things have been much rosier of late for the company and its shareholders, as a series of recent deals have proven quite profitable. Sadly, things have been decidedly dismal for the families of the four employees who remain unaccounted for to this day. Although the authorities in three countries and the families now concede that the men are dead, their survivors are still waiting for a final settlement in accordance with the terms of the employment contracts, exactly five years after the strike on Yetwene. Through the first three quarters of 2003, DiamondWorks has reported a net income of nearly $12-million (U.S.), on the strength of sales of just under $134-million (U.S.) over that stretch. Compared with the first six months of the year, things were not quite as rosy in the latest quarter, but that apparently was due to what DiamondWorks thinks are temporary problems with its Zambian oil supply arrangement. Despite the difficulties in negotiating a renewed Zambian deal, the company still managed to post a profit of $50,000 for the latest three months, and that is the fifth consecutive quarter that DiamondWorks managed to finish in the black.
That is quite a turnaround for a company that nearly bled to a financial death in the dark days that followed the rebel assault on Yetwene, and also in the three years that preceded the attack. In the three years prior to the end of November, 1998, DiamondWorks reported a cumulative loss of just over $53-million (U.S.), and added another $54-million (U.S.) loss in the three years that followed the Yetwene murders and kidnapping, which cost the lives of several men and nearly unravelled the company.
The steady stream of losses cut deeply into the book value of the company, which recorded its shareholder equity at just over $38.2-million (U.S.) just three weeks after Yetwene, late in 1998.
Two years later, the figure had shrunk to a mere $4.7-million (U.S.), despite the addition of more than 110 million new shares through private placements and debt conversions. To make matters
worse, the figure was later revised to indicate that DiamondWorks actually had $2.1-million more in liabilities than it had assets at the end of its 2000 fiscal year.
DiamondWorks has had quite a transformation since those dismal days, and the book value of the company has grown rapidly over the past few years as a result, falling just short of $30-million
(U.S.) a year ago. In fact, the $44-million (U.S.) book value that the company reported at the end of August is now higher than the level recorded late in 1998, just after the Yetwene attack.
The new prosperity makes the delay in bringing some finality to the Yetwene tragedy a painful wait for the survivors of the four men now presumed to be dead after nearly five years of silence
from the perpetrators of the attack. The key part of any settlement is a provision in the employment contracts of the men, which entitled them to a life insurance policy that would pay an
amount equal to five times their basic annual salary at the time of their death. Those contracts had been signed with Branch Energy Ltd., a wholly-owned subsidiary of DiamondWorks. In its 2000 and 2001 financial documents, DiamondWorks acknowledged the matter of the missing men, stating that provision had been made in its financial statements to cover the liability that might arise in the event that the missing men, or their next of kin, were to make a claim against the company in accordance with the employment contracts. Curiously, the financial statements for the most recent year no longer contain such an acknowledgment, nor any mention of subsidiary.
Branch's obligations.
One of the complicating factors has been the series of management changes that have taken place through the years, as DiamondWorks struggled to stay alive. The company had initially been created from Carson gold in the mid-1990s by Eric Friedland, with his brother Robert Friedland a significant shareholder, but by the time of the Yetwene attack it was Branch's Tony Buckingham
who was wielding the boardroom clout, through his voting control of nearly one-third of the company's shares.
The shares of DiamondWorks had peaked at $3.06 early in 1997, just months after the company shed its Carson Gold moniker, but the promotion lost much of its glitter with investors, and a
share cost 50 cents by the fall of 1998. The mounting woes triggered by the Yetwene attack took a much greater toll on the stock, and a share cost just one sad cent by late 2000.
DiamondWorks went through a series of dramatic changes, as the company's need for new cash combined with its shrinking share price led to more changes of control. Brian Menell's Ekuseni
Resources was the first to take a crack at rescuing the hapless Angolan diamond miner, but it was not until Tony Teixeira's Lyndhurst arrived on the scene that DiamondWorks managed to
reverse its flagging fortunes, starting with a 1-for-20 rollback, followed by the company's acquisition of Mr. Teixeira's Otterbea International, which put DiamondWorks into the oil supply
business.
DiamondWorks director, Delu Holender has been one constant over the past decade. He was appointed to the company's board in 1994, when he sold a number of Venezuelan gold properties to the company, back in the Carson Gold days. Nothing much came of the gold projects and Mr. Holender has always appeared to be an outsider on the board, but he has managed to cling to his
director's chair through the series of changes, and he has remained a believer in the company's prospects, continuing to participate in private placements over the years. That dogged
determination now seems to be paying off for Mr. Holender, as the new-found profits of DiamondWorks are a pleasant switch after the years of big losses, but the lingering Yetwene matter remains a dark blotch on his company's improving record. Nevertheless, Mr. Holender seems hopeful that the matter will soon be settled. "We are in the final stages of discussion with the insurer to bring the matter to an end," he said. "I believe that the matter will now be settled on this basis and we can then close this chapter in the company's history before year end," he added. Mr. Holender stated that the company's insurers had just agreed to make a without prejudice offer to all of the families of the missing persons, in a full and final settlement of all claims that they may have, adding that they were now awaiting replies. Karen Larsen, the wife of kidnapped metallurgist Doug Larsen, said that the families still had not received any offer from the insurer, or from DiamondWorks, although the presumption of death certificate for Mr. Larsen had been obtained in September of 2001, and the documents for two others, Wenefredo Amoguez and Roberto Bautista, had been obtained from the Philippines in
early 2002.
Although it has been Mr. Teixeira's oil supply deals that have rescued DiamondWorks from the brink, the company still fancies itself as a diamond miner, with plans to place its Koidu property
into production through the help of its equal partner, Magma Diamond Resources. The Koidu No. 1 pipe has been explored and sampled since the 1950s, while work on the No. 2 pipe and the dike zone began in the 1960s. About 165,000 tonnes of material are believed to have been mined from the No. 1 pipe, which averaged about 0.56 carat per tonne, along with nearly 110,000 tonnes from the second pipe, which yielded diamonds at an average rate of 0.24 carat per tonne. Despite the previous sampling and mining programs, there is still some uncertainty about the grade of the Koidu kimberlites, and that could give the project an added boost. The most recent resource statement indicated that the No. 1 pipe contained a resource of nearly 1.7 million tonnes
of kimberlite, with an average grade of 0.67 carat per tonne, or about 1.13 million carats. The No. 2 pipe holds about 3.15 million tonnes of rock, with an average grade of 0.28 carat per tonne, or about 870,000 carats. That latter grade estimate could be low however, as an earlier estimate pegged the diamond content at about 0.40 carat per tonne. The lower value appears due to an
abundance of granite xenoliths and poor plant recoveries.
DiamondWorks plans to revise its resource estimates for Koidu in the coming months, and the company has high hopes that the actual grade at No. 2 will be significantly higher, as the amount of waste material embedded within the kimberlite appears to diminish with depth and its new plant should prove to be quite efficient. DiamondWorks also thinks that the amount of kimberlite at Koidu could be understated, based on the results of its latest delineation drilling program at No. 2.
As well, there also appears to be a significant resource in the dike zone at Koidu, which also appears to be economic, and additional work in this region could add to the Koidu resource.
There is also some uncertainty about the value of the Koidu diamonds, although there seems to be little doubt that they are top quality stones. The diamonds from the No. 1 pipe could be worth something between $200 (U.S.) and $300 (U.S.) per carat, which would place the gross value of the Koidu No. 1 pipe at roughly $250-million (U.S.). The value of the diamonds in No. 2 remains an unknown quantity, although there are signs that they will carry a lower value than the No. 1 stones. Nevertheless, the Koidu project could add sparkle to DiamondWorks' new-found oil
profits.
As well, DiamondWorks still hopes to revive some of its other old diamond projects. Mr. Holender said that its other gem projects were still on hold, due to the busy pace at Koidu, but the company would be returning to the other regions in due course. That could mean a return to its exploration efforts in the Central African Republic next year, he added. Mr. Holender also said that the company was maintaining contact at the political level in order to preserve the legal status of its projects in Angola.
Meanwhile, like Mr. Holender, Ms. Larsen and the other families also seem willing to close the sad chapter in the history of DiamondWorks, although they may have a completely different
notion of just what a full and final settlement might be, after their five-year wait and the company's string of profitable quarters. Ms. Larsen said she would evaluate any formal offer and
then decide whether to accept the settlement, or to sue for breach of contract. Nev Pope, the mother of geologist Jason Pope, is also becoming frustrated with the wait. "Not only am I seeking, on behalf of all the families, what is due according to the men's employment contracts, but interest to compensate the families for the hardships they've endured," she stated. Ms. Pope
added that she was prepared to sue and freeze the company's assets in Sierra Leone, and the Koidu diamond mine would likely be high on her list.
DiamondWorks closed down eight cents on Monday, at $1.24.
**************************
Their price?
Dunno Maybe they found a mountain of money to drill for Pt etcera.
EC<:-}
Nope I won't say you are wrong. It lose me friends these days. Everybody thinks they are right, and those that disagree are scoundrels.
On the other hand I can find nothing particularly disagreeable in what you say.
EC<:-}
I believe in what Mr. Holmes says about frogthy juniors but I wonder how much froth was deposited in this account to pick out rising stars like Vz bound Bolivar?
EC<:-}
You're Falcon right they are.
Are they seeking Latinum and diprosianide in the desert sands of the Nevader break? The Big blue golden Ox?
I am forming a company called Babe Exploration. The honcho is P. Bunyan.
EC<:-}
Is there any Latinum in Xingjiang, the home of the Mummies of the Pasaryk Valley?
The troublesome people are returning there after all these years away.
I wonder what this forebodes. Will they wander west again, without their belongings?
I wonder what Kirk would say.
Data? over to you.
EC<:-}
If you don't have property in Yunan these days, you are not the NeXt BiG ThInG.
EC<:-}
I have heard people say that Wildcat is flagrante delicto.
What would you say about that?
EC<:-}
I agree with the Arabs only because it is natural to be fatalistic if you look at history, and conclude the worst can happen. Arabia, particularly the Saudi Arabia, was built on Oil. Once gone, it is tempting to believe it can return to tent living. On the other hand it was once the land of Suleiman's empire, and that was without oil. It became a land of fragmented people when it was autocratically and ultra -conservatively/religiously run by the Turks. The Turks did that as they feared the Muslim expansions of the past era. They suppressed the people with the religion that had inflamed them.
The Arabs are too negative. In fact if their poltical fabric allows forward social change and free intellectual ferment, then their future prosperity is equally assured without oil. The main proviso is that they find a way to deliver raw materials to their nations withou expanding their borders by war.
I don't fear the next 25 years. Somewhat more I fear the following 100, if the poltitical necessities of long term survival don't overcome the greed and will to overweaning power of the worst of the ME autocrats.
EC<:-}
One of the big ones is Wildcat Resources. Unlisted at present.
We have access to millions of ounces. Few people give us credit on that, and it has some risk, but the statement is not untrue.
When I make these assertions I am reminded of this CD I once came across that had a list of things that were supposed to be strange but possible, and it was titled "Can this be True?". I feel like that is the sort of feeling people get when I get off the cuff about or fave promo. I would not expect immediate belief, and I admit there are manifold problems with proving the assertions. So instead of going into great detail I just mention that we are doing a listing in order to acquire some of these selfsame properties.
We do invest in some gold plays from time to time that seem likely to appreciate. There is no doubt in my mind in fact. Some of the paper currently ramping up has me scratching my head. And other stuff, like Midway gold, I have never heard of.
EC<:-}
Congratulations on not buying any. You are learning the hard way. It shows I inspire belief and credulity in my followers.
When a person gets that much credit; that when he says the
stock is good, people just rush out and don't buy it, It's called leadership. It's called greatness. It's called gravitas. clout if you will.
But it's a mistake to do so..
EC<:-}
oil is a mineral.
minerals are found in rock.
you drill thru rock to find oil.
oil found in rock makes makes money, sometimes.
oil drillers who make money eat rice krispies.
mining workers eat rice krispies.
people who eat rice krispies are alive.
you have to be alive to post here.
you have to be alive to read the posts here.
you read the posts here, so you are alive.
oil was formed by creatures that once were alive.
the creatures got buried in rock in a sandwich between
other rocks.
You were eating a sandwich sometime this
week.
The sandwich was made with bread.
bread rises.
Stock rises.
Prado is a stock.
It might rise.
if you bought it before it rose, you might make
money.
on the other hand it could fall and you could lose money.
get rocket's address and buy a gun if it does.
EC<:-}
North American looks interesting.
EC<:-}
I see that. Been following. What they got in the way of gold brick potential?
EC<:-}
please don't condemn me for drilling.
It will take a long long time to condemn Wildcat's main Kahuna.
EC<:-}
They built the Falconbridge Metallurgical site of the Kidd Creel mine on one of the highest grade and best orebodies in Timmins, that now will never be mined as they cannot afford to mine the orebody.