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Re: marcos post# 32

Monday, 02/10/2003 10:47:45 PM

Monday, February 10, 2003 10:47:45 PM

Post# of 112
Canamax was a phenomenally incompetent company. With anything they dropped, they had missed the target. All sorts of strikes in ex-Canamax properties. Even more than ex Noranda properties. I believe they acquired the level of sophisticated failure by hiring geology graduates who made sense and were team players. If it wasn't for a real deep lack of depth in Canadian mining there would be literally no properties left to mine or even explore. As it is the field is dizzyingly rich with left over opportunity from half baked attempts at probing the metallic potential of the land. Half the mines in North America left a mine behind in their tailings alone. Skills are the key. Or the lack of them. Sure to hit the mining hall of fame someday is Royal Oak. Every single large low grade property they ran was so large and so low grade that it just made negative return by a hair's breadth. If these people were generals, you would hire them to work for the enemy.

EC<:-}

EC<:-} Wildcat Res. Ltd.

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