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Re: checkmate28 post# 27795

Friday, 03/07/2014 12:09:23 AM

Friday, March 07, 2014 12:09:23 AM

Post# of 35740
Dr Air BRD.v Congrats. I saw that coming, back in April 2012 when I was posting on Brigus. I saw sentiment was bad & Id touted them as a cheap Timmins turn around in the making. I saw they changed mgt, were getting operations in order & mentioned the value of Saskatchewan. Double the market cap since then even with the 2013 smash down.

"Additional for the future is their GoldFields Saskatchewan open pit project with 1 mil oz Reserves"

http://investorshub.advfn.com/boards/post_reply.aspx?message_id=74481101

My MO, often finds bad sentiment with reasons to turn good.
Id posted the same time on the Lakeshore turn around, it being cheap, and that I was looking for the bottom. Since that bottom in June 2013, its up 500%. Not one I bought, or would buy now, but they are a whole different company now. Large numbers coming on the production end as they pay off debt, decrease costs and move towards free CF. The balance sheet cleaning up. The shares have spoken.

Right now, I see EXN.v and GORO the same way. I bought Excellon during the blockaid when I smelled the mine was going to reopen. Now their Focusing on High grade Low cost cashflow, providing a safe bet even if silver stays at current prices or lower. Their All in costs are around $14 from the newest presentation. $20million CF/YEAR coming from 200tpd is incredible.

As to GORO, I spent 74 minutes speaking with them today. Lots to say. I'll summarize when I can find some time, but I can tell you, that a base case of 1200 gold and 19 silver they should have no problems paying the divy, developing the underground and still have seed money. Steady increasing production, Incredible grades, and Im near sure, they will soon make a green production decision on switchback.
Checkmate28




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