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realtorwsm

02/05/16 4:23 PM

#20255 RE: geodan #20250

The company has had its set backs but over the yrs determined to reach its goals AND IT HAS!

The timing of the global economic conditions with their current situation couldn't be better. At the bottom and heading up! I had to buy more today.

Former realtor so no perks

Appreciate your evaluation of everything!!!

TMLonggun

02/05/16 6:37 PM

#20257 RE: geodan #20250

Geo if you're bored check out the other two Winfield companies, PRSI and INTG. I am not up to date but at one point they were both profitable and owned an absurd number of lode shares that were valued at near zero. The one has land, hotel income, and shares IIRC. This is perhaps a better value than lode stock itself since the optionality is still intact but also supported by profits. I haven't done the math in ages but I think for a while there after subtracting their land value their lode shares were selling for less than market.

I don't really like Winfield but the guy is definitely far sighted when it comes to acquiring real estate (and mineral claims). He is also adept at mining shareholders and these entities have long prospered at common lode's expense.

I am not sure how much of the above still applies but it might be worth looking into. Definitely would have preferred to have been an INTG shareholder rather than a lode holder the past few years.


Lode's newer assays are encouraging but their lack of profits are not. Real estate is good but a mine that earns no profits is of dubious value. Hopefully this is about to change.