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Re: PAYDAY11 post# 131

Thursday, 03/29/2012 3:40:54 PM

Thursday, March 29, 2012 3:40:54 PM

Post# of 136
Hi Relikwie, To comment on your vested due diligence, a reply to you...

I am convinced that this company, though their intent is noble, and though i can see that they have a stacked house of intelligent and respectable owners, along with field employees,

I just feel that... from the perspective of an investor, where is the element of intent?

Intent to appease the investor?

By enticing he or she into believing that this seek and find jr. mining company, will report whats there, and we keep it and mine it?

Not sell it, not have no intentions to ever mine it, and strictly sell it for their own gain, and not keep it and mine it for he shareholders gain. Hmmm !

Perhaps there should be a renaming of these companies that seek properties only to evaluate them, and perhaps they should stipulate their intentions, as in, we are not ever going to mine our resources, we will not extract the metals out of out of the ground, but we will tease and taunt you in what we found, hoping you buy more shares, and where as we can purchase more properties to do the same, and to sell.
FOR OUR OWN GAINS.. LOL
So investors please be wary, we will take your monies, buy properties, we will evaluate them, but never mine them, but will sell them from under you,,, we will only allow you to capture money on the hype of our news announcements, and of course that is telling you of what we actually found, but no intent in going to get it... lol
Hey look at what we found... Pretty goog huh ! But, we are only interested in selling it.. lol
Any mining company out there interested in purchasing our claim..?

And of course to all investors... please use discretion... if you are to invest , and if yes if,... you're lucky enough, you can earn money from your fellow comrades, other investor, who can't sell fast enough.... on the or during the hype of the news...

In short... we will pay ourselves from the selling of our finds...
And as long as this company is purchasing and evaluating, and selling their claims.. where is the interest to the investor?...

I would love anyone to step forward and make a decisive argument on this topic.


Honestly... many companies such as this one in question, though good people, should not be listed, they're only looking after self interests, in that, they are hired to evaluate properties,,, or they buy and evaluate their own claims,,,, and sell it all on the shareholders dime.


Exploratory mining companies, very rarely have the knowledge to mine the resources from the ground, nor the intent to mine.
Their profession is to seek and find and sell the properties, or J/V with another company who does mine.

Perhaps this company can adopt this strategy of J/V, ( team up with other mining companies,, retain their properties and mine them.. What a concept..
Then you would see the stock value jump.
The market would then be able to assess this company on its merits of what it owns... and what it extracts...
And that's what good mining companies do. They hang on to their claims, mine them, and keep expanding, and reward the shareholders.

Period...

Sorry for the typos, in the previous post...
This editor, seems to be finicky. lol

Cheers And yes its my own opinion. lol

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