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Alias Born 06/24/2004

Re: Mach1cobra post# 8314

Wednesday, 08/18/2004 12:39:57 AM

Wednesday, August 18, 2004 12:39:57 AM

Post# of 45574
You nailed it Mach. All of this
very real value and potential in our claims, and we still have an ace in the hole with the naked shorting issue.

I held my tongue on the naked shorting issue until last Friday. Now, I believe it is a reality. I trust Atty Glenn in addressing it and making a world of difference in how our stock is traded!

Lastly, I wasn't trying to overstep what Dr.D. posted in what I offered in my last post. Last night, he and I, along with some others, were constructive in assessing the proper carat/ton figure for his valuation model.

What I found tonight simply cuts to the chase and gives us a reference for a profit/ton figure that is easy to see. Also, I understand he was just trying to show our maximum potential. However, I wanted to show a more realistic and feasible mining capacity than he did. I simply don't see mining 2 miles in diamter, 500-900 feet deep over the entire sqaure foot of the area. We would have created a canyon rivaling nature's own...lol. I just tried to align profit figures and mining estimates in the feasible range, and still came up with a mighty impressive valuation.

Bo : )




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