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Tuesday, September 12, 2006 7:18:55 PM
I just spent 5 minutes looking this company over. Problems that I see are:
No website
No financials.
Only 4 samples taken. It calls them core, but are they? The report doesn't look like any core sample report I've seen.
Just 4 samples from a large area isn't enough to say they have 3.6 mm oz of indicated.....I'm not even sure if that's enough work to claim inferred.
Little volume, illiquid
Doubt they have enough $ to do a proper drill program. No way they could raise the $ to build a mill/mine. JV?
If they can prove up the property, then they'd be an attractive target for a bigger co to JV with them.
I shy away from pinkies....far better opportunities on the Cdn exchanges for junior mining companies.
Dig into ROK.v.... gonna be a big winner..already is..lots of info on its website, reachable at stockhouse.com, which also has good boards.
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