News Focus
News Focus
Followers 3
Posts 922
Boards Moderated 0
Alias Born 08/19/2011

Re: Gmoney2 post# 2754

Tuesday, 10/25/2011 2:42:07 PM

Tuesday, October 25, 2011 2:42:07 PM

Post# of 12573
Gmoney,
Good point about patience.Haste makes waste.I heard a
financial advisor from UBS say don't let you emotions get control
of you in investing.Since Gary stated they are trying to build up ounces,your 3 points make perfect sense.Gary also stated that the
data provided from the N43-101 would be given to the major,and they would determine how many ounces they think are there.Since
the porphyry on TPW is larger than any discovrerd in a long time,it may take longer to discover how much gold is there.However,if a JV takes place,and multiple rigs appear from the major,I still believe this will speed up the process from the buyer,resulting in the buyout,and shareholders pulling profit off the table.If I get any ideas about how a JV works,or read any articles from colleagues,I will share it with the board.
CDLGold

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today