unbelievable-paas,ssri,hl,svm even exk,first majestic-market or management
interesting story, as usual, stahlz...
I seem to recall that your sports equipment? distributor days that you had
spent some time in St. Louis with some of the beer family, and I figured
that business world might have an interest to you. It seems to me that
there might be some parallels between the microbrewery to beer oligopoly
and the explorer/small miner to super-miner. Idle speculations.
Although I am wary of what might happen in Mexico, I am invested in
the real miner run by geologist types, GORO, which actually seems
devoted to giving out about a third of what I might in my non-accounting
mind call cash flow as a dividend. They have made the decision to
mine metal, not the investment community, and therefore their
decisions do not need the kind of statistical BS that is required for
a company like Rubicon, for instance. For edmund...extend your
thought processes beyond what Sewells says about the nugget
affect into believing in your model out to the time frame you expect
sociological conditions will remain relatively predictable. Why do
you need to know your ore system beyond that? If you do not,
why spend front end money proving something beyond that, if
you do not need to do that?
Take the 5% home, and spend a little exploring enough to
provide indications that the whole shebangy will last much
longer...and maybe sell it to someone just before the other
cultural factors makes it moot. I don' t know that is what
they are doing, but I might do that, particularly in a place
that I might wish to live.