Re: No Institutional Representation .........tantallon
in response to
by
posted on
Dec 08, 2009 08:20PM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
Maroon, that comment was not necessarily directed at your first post. It was meant in general terms as there has been many "innuendos" posted here, based on nothing but an opinion. That is what gets people's back up. If theres something thats not right I'm sure most people here would want to here about it. It could affect their investment decisions.
When someone posts a comment that our ore is not processable, there is no fact to even say that is correct. Its a fact that Langmuir ore was processed in the 70's, 80's and the 90's. Thats a fact. Is it a fair assumption that it can again? Probably to a logical person. But unless you scooped up a few tonnes and paid for it to be analyzed, how can a "logical" person say that the Langmuir ore is suddenly no good. That is what SGS is doing and is paid for, and is a fact that the study of our ore is now completed. But people have actually stated on these boards that this ore is not precessable into concentrate. So it has happened. That is an innuendo that I was mentioning and it is just one of many over the years.
The real question is why the need for these innuendo's (I like the sound of that word but I hate its intention). But in the end its all noise and clutter.
As I said, your "lack of institutional support" is a valid question. But is it fair for anyone here to answer something like that. How can they? No one here is an institution. Its a fact that the Canada Pension Plan owns shares in this company as someone pointed out to me. Feel free to call them and ask why they own it and what their plans are with it. Good luck getting an answer however.
Your opinion on why the 43-101 was delayed is based on a fact. Something that has been debated here already. Not enough in my opinion.
Will the valuation of this company change with these reports? A logical person would probably say so. How much? Who knows. Beauty is in the eye of the beholder.