Welcome To The Strikepoint Gold HUB On AGORACOM

Focused on the Rice Lake Gold Belt

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Message: The Conundrum

I didn't realize that Mr. Beauchamp was a geologist. You would think that, he of all people, would be the last person to be selling a hefty 380K shares. He understands SKP's potential. Then there is the matter of just why is it we aren't getting any news releases. We are way past the point of decency on that one. So knowing what the potential is, why is the dude selling? The only thing I can come up with is that this project might take years to pan out. 2000 meters of strike length is going to take a awful lot of drill holes to evaluate. So if your in a hurry you might want to sell. However I think that even if they find nothing, in the next 8 drill holes, the stock won't go down. The bottom is in, intrinsic value says that it's worth what it is now. On the other hand, if San continues to fund the drilling, they will one day hit something, that's the geological reality of it. So if your not in hurry, why bother selling? And oh yeh, there's also those tremendous N.S. results waiting in the wings as a bonus as well. Who knows maybe they really will be good. Happy Holiday's everyone! Alibaba.

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