RE: Majors don't do much explorations - grasshopper -- msw
posted on
Nov 01, 2007 04:28PM
My point is that this latest news brought us back to the earth (some of us). Since NOT, as we speak, do not have something consolidate to impress anybody, including the stock market (Rosedale missed the point this time, because the market react straight forward to the JV news, a few minutes prior indeed, but what you want, there are leaks and will be as long as stock market will be alive) , they STILL have to play in the minor league. Someone that is confident (IT IS???) that by mid- December will bring the prove (tonnage) will not run thru the neighbours asking funds, by selling the furniture (or even worse - the cow, who knows???). More than that, they have a few solid millions in the account, RIGHT??? With a solid confirmation (hey... 45 days until then. Do you see a major delay, I don't) my expectation was that we are near a real JV with the majors. We are talking about the potentially biggest ever discovery. RIGHT??? Another point is that up to me the majors send back the KING to do his homework - since this latest JV and will be a really long run.But again, it is only a point of vu of someone that want to invest on facts and not on speculations that everything is only excellent and above.