Re: dr fill repsonse CJ, Moots..
in response to
by
posted on
Oct 29, 2009 09:16PM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
its all good, Fill, understood. was not taking anything you said in a bad way to begin with.
the person that said Raul was vague and perhaps misleading was completely silly and uneducated. Raul is a very exacting man in his proclamations and when he spews numbers out it is because he knows for sure. he has quite the photographic memory by the way. he probably did not have the numbers at hand from very old Santa Fe results done by someone else and or felt they were not reliable to recite on a conference call. not sure why someone took that as bad or shady but i guess caution leads investors to put all explorers in the same sand box.....that being excessive promotion, puffery and bait and switch tactics. Raul if anything like most in the company are very understated, tell it like it is because the story is very strong all on its own without BS injected and these people would not be involved wasting their time with a tough sell product anyway.
AND someone on the other board even said that VIT drilled in the same place as was done before.....that was funny. yeah we have no real places to drill so lets try and play one over on the market, haha....... i really don't waste much time over at the other board.
i am wondering if maybe we have Guyana sold off or money is going to come from somewhere else? i mean 2008- 2009 chad and gang were very careful in spending every dime, even going at a slow pace with exploration. now we have a conference call where he talks of spending 10 million or maybe more. One can infer that Chad has not turned into a drunker sailor on shore leave recklessly spending our last dollars, he did not highlight a dilution if anything pointed toward another source. to open up the pocket books for next year they must have something going on right? even if not, dilution at $1.50 is a LOT more palatable then 20- cents or 50 cents.