ROF verses Mexico!
posted on
Aug 22, 2011 06:17AM
I think the world of McFaulds and we were very fortunite to get money to drill there but none of the properties are moving or doing much...every thing really relies on Infratructure and the First nations!
a quote:
“If the financiers in downtown Toronto see any kind of risk,
they move on to the next thing. They’re looking at it
[Ring of Fire] and saying ‘We love the Hudson Bay Lowlands
and we think there’s going to be all kinds of things found
in the future, but we don’t know when that’s going to happen,
so our money is going to go to shorter term opportunities.’”
When there is some clarity on the issue of infrastructure,
“everything up there will boom.” (Richard Nemis – 2010 PDAC
Prospector of the Year Co-Winner)
So I really think our money lies in mexico with the price of Gold & Silver going to new Highs.
If we do get good assays from our drill core in McFaulds our stock will move but I think we need to focus on our production in Mexico.
Gold & Silver Productions is our Bread & Butter!
Cheers
W.C. Guy