Timmins & Beardmore - Northern Ontario

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Message: Re: Interesting... Red - Tibber

Jan 29, 2010 08:57AM
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Jan 29, 2010 09:33AM

Jan 29, 2010 07:31PM
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Feb 01, 2010 02:00PM
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Feb 02, 2010 10:46AM

Feb 02, 2010 12:01PM
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Feb 02, 2010 01:29PM

Tibber,

Sorry,but I don't agree. You can option into a property for say a 50% interest for a lot less than buying the whole company. Yes there will be a cost ,but what is the alternative? Fold the company?

As far as having enough properties, the ones they have don't seem to be working or are not " near production" enough, at least according to the markets. The millions spent may unfortunately be wasted ,but that's the exploration game. Drill the holes but no guarantee. At some point you have to take the drills somewhere else and try . No sense beating a dead dog.

I believe management has been having many meetings trying to answer the questions;

What do we do now ? or Where do we go from here?

I sincerely believe that we will have the answer to these questions this week!! Rico

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