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moorewdaniel

06/18/12 8:47 PM

#18193 RE: LODE MAKING ME RICH #18192

I do not know for sure.

That being said I expect us to be the size of Allied Gold Nevada in 3-4 years.
http://www.google.com/finance?cid=716059

clownman1

06/19/12 12:42 PM

#18197 RE: LODE MAKING ME RICH #18192

A junior mining stock rises the most on speculation (anticipation of resource numbers) during intial exploration and drilling phases ...

Unfortunately, this stock has seen it's biggest run up (back between Sept 2007 to Jul of 2008).


The cost of processing will not be profitible because the cost to produce is too expensive due to many issues including depth of mineralization, cost overruns and (the most glaring issue ) convertible debt!

IMO the cost of recovery is too expensive and this company will never see black ink!

JMHO...... I have invested in enough JR miners long enough to know that this and other JR miners like it, (who go from exploration status to attempting PM production) more often than not fall flat on their face.



GLTY