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Re: OriginalFred post# 1478

Tuesday, 09/12/2006 7:18:55 PM

Tuesday, September 12, 2006 7:18:55 PM

Post# of 21720
Hi Fred, Followed you over from NMCX. Thanks for the compliment.

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.