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Bulwink

09/20/10 12:48 PM

#472 RE: alaskacobalt #452

Mark Twain is said to have said, "A gold mine is a hole in the ground with a liar on top." That's not always true , but lesson # 1 when it come to mining stocks is chances are it is true .

Best way to learn about gold mining is simply google "gold mining" .

As for the stocks , everyone learns their own lessons .

I think the price of Yale is about where it should be .

As for Gold American , at this point in it's life , if it had a NI 43-101 and listed on the TSX where there are no MM to screw the market it might break 5 cents a share . Gold American is not trading on fundamentals , it's trading on hype and painting the tape is older than Mark Twain .

NI 43-101 is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada.

Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports, reporting of resources and reserves, presentations, oral comments, and websites.