Sherwood Mining Corp fka SWM

[marcos]

In case any new to resources come by and see this, here is an essay by John Kaiser originally printed in stockwatch in 1990, a pretty decent start to a foundation for a structure of thought regarding highly speculative projects of this nature -

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15869077
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15869083
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15869086

... this was even before der Kaiser coined the term 'bottom-fish', he was still calling them 'longshots' ... ok now read it again, absorb it, it's good stuff .... and here's a variation, the Three Ps approach - there are three essential Ps - People, Property, and Phinancing .... without the first, People, you have nothing and never will have anything, because poor People can screw up development of the best Property and blow all the Phinancing on useless or self-enriching expenditure ..... whereas good People will eventually trip across a decent Property if they don't already have one, and they'll get Phinanced by somebody, don't worry

So on People with swm, i'm mostly judging from their sedars [look up Sherwood under www.sedar.com] ... everything looks in order, professionally done .... it helps that they put out a prospectus late last year, that's quite a document, gives a lot of detail on Elu and their plans for it .... looks like a decent Property, you might say .... and clearly they have Phinancing sufficient for current exploration programmes ..... update on the spring programme should be coming along next week, it is said