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Re: au great post# 1295

Tuesday, 11/23/2004 7:59:15 AM

Tuesday, November 23, 2004 7:59:15 AM

Post# of 12836
Well we did not ask for ten cents from au. I have not said ever that I hate Peter Brown or Claude Cormier! Or anyone else for that matter Where did you get that? Please quote...

I sadly know very well that other industries are just as corrupt and divestment oriented as the mining promotion industry. Theft if rife in business generally. I have lost more money in the office equipment business than in mining. In mining the patent or claim is relatively cheap.

Other than that, I agree with much of what you say wholeheartedly.

If Tom is what he says, then fine. If he takes what is said on these sites that seriously, he can leave his sense of humour at home totally. It is amusing that I said beforehand, that the louder they scream about (inside info) the more I know I am close to the mark.

I was not born yesterday. Much of what investors get on mining companies is leaked to them by brokers, through "analysts" many of whom have never been inside a mine, prospected or developed, degrees notwithstanding. What we see on most sites is cheerleading, which is fine I guess, of paper flurries that have little hope of being good grass roots exploration, let alone become mines.

The main complaint, which is very apropos, is that many do not know on many "tips" that they are at the bottom of the tier, not at the top by the time they get it on SI or here. Brokers and other load up at ten to 30 cents and way down the road we hear about after the run. I am just hinting to a lot of people to wake up.

I know you could have heard much bout my ops, or their advisability. They are very much closer to production and have more metal mine viability than 99% of the paper on the TSX. I know that because I worked in mines, mills and in exploration for 30 years. And I took a mineralogical and engineering education from three colleges. And I have sold and staked many of the claims that had paper flurries in the last 10 or more years. I have been in on them and from the bush to Bay street. I know what the language means of promotion and can compare it to the reality very sanguinely.

I hardly disparage all that goes on in companies. But I know most investors don't know that the money game is very cruel and does not often back quality geology. It is very hard for a good group of engineers of geologists to get backing on a good idea that is cheap to develop. The can look totally forlorn in the market.

Contrary to what you might think, professional lenders actually like Wildcat's properties and ideas. I wouldn't say the brokers are crazy about them, but some have expressed interest. We are doing alright.

EC<:-}

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