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maxmxx

02/18/05 2:13 AM

#546 RE: FinancialAdvisor #545

I had a friend who had no idea what microsoft was going to do, but liked Gates' reputation...so bought at the IPO... $300 went to $150,000. It was a curse... all she does is wish she had bought more.
I got in because I thought Melgarejo had put together a good crew. I even called Idaho Springs to hear about the Colorado Mine (it's shut down, but old miners were interested in getting it going again-- EPA permits were a hassle after the WMC P&D).
I continue to be amazed at how fast this thing is going. When you sit a computer it's easy to complain about delays, but Melgarejo has gone into an abandoned mine in Bolivia and got it running in less than 8 months.
I have worked with Chileans who couldn't get a website up in 2 years.
I think you are right that this stock may go to a buck. There is a lot of gold stocks trading at a higher price per share of market cap by 50 times that just are looking at buying clains.
Once this lists it will fly.
I buy a little on dips, but plan to hold for a long time...
Most of these guys are in their 30's and 40's and are just hitting their stride.