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Re: SPARK post# 4349

Thursday, 04/06/2006 3:06:16 PM

Thursday, April 06, 2006 3:06:16 PM

Post# of 115222
I for one hope the filing is delayed for awhile. We know some majors have great interest in our little 7.1 mil inventory. They won’t talk money until formal filings and their own DD is completed legitimizing our value.

Meanwhile, the price of gold marches inexorably upward as we list above 595 per oz much of today. Our grams per ton are high and the cost for recovery in Russia is very low. Workers are plentiful and Russians Gov’t wants foreign investment. The presence of major gold players is growing every year in Siberia.

We sit in control over 8% of Barricks existing known reserves and our value is escalating day by day. I don’t care who you are. It’s human nature, when you want something very badly and the price keeps going up, it drives you crazy.

Personally I hope Mr. Parkin has some vacation planned in the next little while, our fair value is on the rise.

Airdale


This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.