Re: Reasons to Invest in Kimber: It has no peers. Better Spacing
in response to
by
posted on
Jul 04, 2008 08:45AM
Creating value through Exploration and Development in the Sierra Madre of Mexico
B, I don't know if I'd lend too much creedence to advice given by the folks over at Canaccord/Adams. I wouldn't say that these guys are basically a bunch of crooks, but I would say I'm not too sure about their motivations and how those motivations line up with mine. I certainly wouldn't buy anything based on their recommendations.
Their statement that Kimber is undervalued relative to its peers is not necessarily a valid one, because Kimber really has no peers. Other companies have potential, but nothing out there in the junior market really is comparable to Kimber in any meaningful way. The others don't have the backing. They don't have the brainpower behind the company. They don't have the access to capital. They don't have the marketing. They don't have the vision. They don't have the understanding of the big picture.
And what people are going to find out within the next year, they don't have the resources. Kimber will soon be a five million ounce company. Kimber is getting to the point, and will be to the point in a few more months where people like Canaccord/Adams and RBC Bank will wish they had never heard of them. What people need to understand who are reading this board is that Kimber unlike Tyhee, unlike Endeavor, Unlike Esperanza, even unlike Yamana or Silver Standard is in a CLASS BY ITSELF. It is up more than everything else right now for a very good set of reasons, and it is going to continue to do that regardless of what the rest of the juniors do because it has superior people behind it who are willing to pay the price to make happen what needs to happen.
I am invested in Kimber because I intend to win, not just play the game. This is not about coming out ahead, this is about winning bigger than many of you reading this can possibly imagine, certainly bigger than some kid right out of school, still engaging in his weekend drinking parties and buying boxes of condoms at the convenience store when he's not sitting in his cubicle at Canaccord Capital can imagine. Bull