Re: Financing - re the faint of heart! They must chose.
in response to
by
posted on
Apr 27, 2009 03:46PM
To each his own, but I just can't believe that anyone who is long in this stock would have sold today. Day traders yes, as they may have got in when the price was at about 3/4 cent and were in for the quick buck. I can think back of times I did this and the lesson learned is hard to swallow down the road. A small profit in some cases is better than NO profit, but in the case of Silverado, it just shows a lack of patience. Remember, this stock has been as high as $.75 in the past few years, and was as high as $10 in the Gold run-up of '79-'80. What was known about their in ground resources at that time???????????? Not what we know now.............We have an NI 43-101 now that verifies the resources. Its there for the taking.............after financing it will be taken and surely the resources expanded as reserves and in the implied and measured catagories