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Tuesday, December 10, 2002 1:53:29 PM
I had been CEO of a company that explored and mined some sites near Golden Eagle, including in the Cangalli Formation, for almost three years. In August of 1998, I signed up on RB and posted some views that I had formed and facts that I knew and I was attacked by the people with a vested interest in seeing these subjects hidden (the zealots). I quickly formed the opinion that one of the objectives was for a few people with a lot of shares to find other people to dump these shares onto.
As an example, I had spent considerable time in Bolivia with an executive working under contract with St. Francis Mining of Australia. They were looking for financing for a major copper project there. I had asked him if they had any interest in a placer gold mine and he told me in no uncertain terms that they had none. I came to RB and repeated this information while the zealots were touting that GE were on the verge of a Joint Venture with St. Francis. They called me a liar and a bunch of other nasty names and said how wrong I was about Bolivia. Four years later there is still no Joint Venture.
So who is right about Golden Eagle, me, or the zealots? The Company spent over 5 years messing around and finally they are mining some gold. Why the delay??
IMO, Cangalli is a large low grade deposit with nowhere near the grade or quantities claimed by Paravacini. If GE mines the ground and comes up short of expectations then this will prove GE as the turd that I believe it is.
So the Pumps & Dumps go on and I stay here. My motive is to prove that the zealots that have lied about me, my company and about this company are wrong and that I am right. I want potential investors to hear the other side of the story. My posts are sometimes influenced by the flames and lies that I am recipient of. I lashed out when I got angry with some of the scumballs on Raging Bull.
It is over seven years (1995) since GE signed the concession and still no profitable gold production!!
More of my opinions
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