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Re: wdl777 post# 19935

Sunday, 09/05/2010 12:07:10 PM

Sunday, September 05, 2010 12:07:10 PM

Post# of 80983
Ok, but this stock, if you believe, has a real asset, little if no oprating expenses and no third party debt. So your not going to bankrupt the company by driving the stock down to .001. It just means that they have to issue more shares to cover the operating costs.

Your point makes sense for a company that has encumbered assets and no real strategy to become an operational entity. They just fold up shop, change their name and do it all over again.

This company has been around 12+ years. If it was managements intent to screw the shareholders, they have had ample opportunities to do so.

This company (investment) is not a sure thing. But if you are playing with your high risk money, it is better than most I have seen over the last 10 years to make some very nice returns. Take a look at their financials on the web site.

If this folds, it is not because of the MM's or NS. It is because the cost of proving out the asset is greater that the expected returns. As gold prices continue to climb, this possibility decreases.

The naked shorts will drive the price above it's natural level for a period of time after the Company moves from its current position. All I am saying is that we don't need to pump the stock with unfounded numbers in order to realize significant returns in the long term. And those pumps do very little to sustain the price and support the real story of the Stock.

If your In, Your In.