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joanie

08/30/07 6:42 AM

#8968 RE: buylowe #8954

buylowe...

Show me some economically viable ore, and I'll show you what constitutes positive news.

That's all it takes.

I understand that they need a mill for processing ore. I don't have a problem with that, but I won't jump up and down about lightbulb installation and imminent completion until they show me that they have something more than tailings to process.

So far, they haven't done that.

I don't care about the financing and reverse splits; I understand that they need the money for continuing operations. What concerns me is that they have yet to demonstrate the presence of economically viable ore to be mined.

But you'd think that if they could first establish that, then they'd have NO PROBLEM raising capital. Investors would come running to give money for the mill.

I don't understand why building a mill before you know for a fact that there's something worthwhile to mined, is not of concern to everyone here. I don't get it. It's like building a pipeline before you know you've got oil.

Deer Trail is in an exploratory stage.. and yet we have this new mill.. I don't get it. They keep putting out these PR's as if the ore has been found and is ready to be mined so we're just waiting on the mill's completion so we can start processing it. But that's not the case at all.

They're taking an "if you build it, ore will appear" approach.

Why isn't this alarming to everyone???