InvestorsHub Logo
Followers 0
Posts 73
Boards Moderated 0
Alias Born 02/08/2005

Re: FinancialAdvisor post# 541

Wednesday, 02/16/2005 8:31:31 AM

Wednesday, February 16, 2005 8:31:31 AM

Post# of 42760
The big chart looks real nice... bumping up gently on increased volume... no doubt we may be able to say this is the bottom.
I think the two issues here are political stability and reporting.
There was a guy came aboard in the spring who was an expert on both.
Was his name Caruthers???
Anyway, I can't find his name looking thru the past news... think him coming on as advisor was before April....
BUT what impressed me is how everything they projected has come to pass...
When I first read about Bolivia, I thought it was a distraction from the Idaho Springs Project...
Now we see GOLD... and 9 months sure seems like a short time to start a mining operation in the middle of Bolivia. I think these guys are winners.
I also like the fact they don't run to equity financing and dilution to raise money. They are bootstrapping with the gold they mine. This is the kind of old fashioned capitaalism shareholders have a right to expect.
Also check EFCR.OB... a bit more sophisticated operation getting old russian oil fields up and running. But very little dilution and a small cap... under $5 million