Conference in San Diego, unrelated to mining. Speaker brings up McEwen and his company. Says Rob wanted to know where the next big gold strike would come from. So he put up all the statistical information from his mines on the internet, and offered a $10k prize to who ever could come up with an algorithm that would predict where the largest gold deposits would be found. I believe he said this was in 2004
Have any of you heard of this? If McEwen is using this kind of voodoo science to decide where to dig then this stock is worth about what its priced at right now.
Bottom line he is creating the ability to gain new knowledge and expanding his contacts. With Goldcorp he created a whole new network of experience individuals from around the world who have different ideas and perhaps work with different sophisticated equipment. Its really a clever way to get people from different regions of the world to actually work for you