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echarters

01/11/03 5:13 PM

#944 RE: oeo2oo #930

http://www.investorshub.com/boards/board.asp?board_id=1492

I don't know if I really have a list. Well managed! Hah! what does that mean? Honest? Has a competent geologist? Has good properties? Has the money to drill/develop them?

KRY seems honest and well managed, but few people want to give them credit big time in that category because of their penchant for chasing the Castle-in-Spain of large scale Vz production.

Well managed small scale producer or mid-tier producers.? They all have their faults. I know of one with a million ounces and no listing who is looking for money. Does he count?

Many of the other explorer producers I am not so sure about. Was it really necessary to spend 1.2 billion to develop Diavik? I am sure they initially thought it could have been done for 300 million. Where did all the money go? The Raglan did not cost Falconbridge that much and it included port facilities in Ungava.

If an explorer is well managed he is worth investing in, just for that. I kind of like Twin Gold, but who knows if they will pull the rabbit?

Would make an interesting list.

Companies I am interested in might be a better qualification.

EC<:-}