SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Gold/Mining/EnergyGeodex Resources - GXM.V (was Agate Bay ABE)


Previous 10 Next 10 
To: Baywall who wrote (185)11/15/1999 8:29:00 PM
From: E. Charters
   of 210
 
Now, now, Leon, you know that is no way to look at it.

1. First of all I don't pick winner to gain readership.

I pick losers, and the bigger the better.

a. Bre-X,

b. International Precious Metals,

c. Crystallex,

d. Gitennes,

e. Gold

f. Canadian Resources Market.

Can you do better than that? Fess up.

2. Now with Geodex, of course an orebody exists. That is why they are being so quiet. They are just manoeuvering to pick up the stock. We know their tricks.

3. The outcrop extends as far as your gullibility will allow it, to facilitate your spending of money. It ends where you are overmargined on friday night and your cell phone battery tanks as your car gets a flat tire on a rural road. News out monday.

4. Orebodies is fifty-fifty. Either they are there or they ain't. Toss your coin and get on the bus.

5. Of course if you actually find a mine there are several choices a through f:

a. You get ripped off (Likely)

b. You can't finance it. (very likely)

c. You get it in production, the metal price or stock tanks and you lose money. (happens all the time)

d. You sell all your stock as the drill program winds down and go on a vacation. When you come back they are asking you "did you ever hear of HEMLO?"

e. You decide the stock has to go nowhere as the Uranium/Diamond/copper/Vanadium/tunsten cartel controls the market and the big boys won't let them play. Every day the stock price rises 24 cents as each day you expect it to fall again. It does this for one year. Life, they say, is actually slow death.

f. The company has just drilled 100 feet of 3.5 % nickel and nobody buys the stock for two months. Your broker tells you it is only one hole and insignificant as they cannot mine nickel profitably in remote locations like Labrador. You believe him.

Let me know what happens on the drilling. I will tell you what they hit by the price of the stock.

EC<:-}

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Baywall who wrote (183)11/15/1999 10:43:00 PM
From: E. Charters
   of 210
 
Just exactly what township is this Tyranda property in?

The Kidd-Munroe Assemblage spans quite a few townships. From Kidd to Munroe is about 16 townships itself.

Is it closer to the Potter or closer to Kidd?

EC<:-}

Share RecommendKeepReplyMark as Last Read


To: E. Charters who wrote (184)11/15/1999 11:00:00 PM
From: E. Charters
   of 210
 
I don't mean to HARP oon on it but why would graphite have been ignored in EM signatures or if seen in geology? Well in EM, long strike length, very high Parts per million Input conductors that have very sharp edges but low decay constants are universally written off as "graphite" by signature and graphitic schists are not explored as unproductive of economics.

YET.

The very environment that gave rise to graphite produce the same massive sulphides we may seek.

It is true that very good analysis of the IP will reveal even a mixed graphite-sulphide conductor but it is not guaranteed to detect it or give any indication of economics.

So any purely mixed graphite and chalcopyrite environment would have gone completely unseen by geophysicists looking at data and spurned, or at least its environment spurned by geologists.

So there may be few carbon-copper orebodies out there.

I think I know where one or two may be. Copper in the sediments. SEDEX. Not volcanigenic. Could be big as SEDEX often is.

And as I indicated we have the evidence.

EC<:-}

Share RecommendKeepReplyMark as Last Read


To: E. Charters who wrote (186)11/16/1999 10:43:00 AM
From: Baywall
   of 210
 
Eric,

I think it borders south of Lake Abitibi, RAND TWP. 8km north of Hwy 101, 30km west of Que. border.

You are correct, the price of the stock is the consensus of what people think about the stock. Charts are objective, unlike promotions. There often is nothing but moose pasture, however many speculate in mining stocks on anticipation of results and also on what is being told about the company truthfully or otherwise.

Increases in stock price naturally draws attention. Higher prices create demand. The best procedure is to wait for price to move and make new highs, then check around. Otherwise the stock could sideways for a long time.

The reason I am encouraged, is not because of the news release which is too vague to make an informed decision, but because they think geophysics, geochemistry and geology are all favorable. Thus the company must explain to brokers why the significance of sampling and observations made on the property are a step beyond a common mineralized outcrop. Only 1 in 5000 such mineralizations turn out to be mines.-Diane Francis pg.21 Bre-X book. Also, the airborne anomalies will have to be shown that they fit into the model accurately, ie; matched with something on the ground.
Otherwise, it is like any other property being peddled by juniors.

Management is secretive. No anomaly sizes were revealed, nor reasons why the property merits attention. There is always a concern in my mind that they think the property is great, but what will others think? That's why I am waiting for a broker's report-knowing that a promotional bias may well exist. Same secrecy with the Mexican properties with favorable results being found.

Going to brokers, etc. who can smell "average property" would be a futile exercise. In this market, an average property will not carry the day. So what's up? Do they feel a good property exists?

I don't know the answers right now, nor can I add anything more if management is tight-lipped. A $C100,000 private placement is in the works for Tyranda, but things change often.

Any price movements above 20cts will signal that something may be brewing or has been said about the company by a brokerage firm or analyst. Up to now, despite acquiring mining properties, the stock price has remained flat. A new property is not enough to move prices, and like was mentioned there are other factors like financing, etc.

The fact that Mr. Marr has a proven record of finding mines for a major firm and that Tyranda's current holder is an experienced geologist, bids well. Two senior geologists with success behind their belts and both agree the property is ok.

Batman, how do we always end up in a moose pasture? That's where the action is robin. Can batman be saved from ruthless promotors? Will robin now get to drive the car?

LVL

LVL

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Baywall who wrote (189)11/16/1999 3:44:00 PM
From: E. Charters
   of 210
 
Well Rand is replete with felsic horizons and has a huge mag anomaly in it. Adjacent Munro has some good geology and has the Potter which the Harrison group is working on and they say it may go to 10,000,000 tons. that copper horizon in there is quite extensive and it has Kidd Creek or Tholeitic-komatiitic geology which is very unusual.

This is the right area to go Elephant hunting in.
Falconbridge also has a 6 million ton 1% copper, 1% zinc deposit in there and not too far away to the south is Sheraton Towship which has Middeltons 2% copper Cross LAke Minerals discovery (part of which I staked for a prospector from Timmins)

If you go further east you run into the giant copper zinc deposits of the Noranda Camp. It was always easier to raise money there so most of the stuff got found on that side of the political line. Similar geology and the same faults run through Ontario (I was going to say Canada) and not too far away from Rand.

mineletter.com

mailto:e_charter@yahoo.com

EC<:-}

Share RecommendKeepReplyMark as Last Read


To: GWalker who wrote (179)1/24/2000 4:25:00 PM
From: Baywall
   of 210
 
G.Walker

There is a news release today about high-tech possibilities the company is exploring. The stock price has started to increase.

LVL

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Baywall who wrote (191)1/24/2000 5:08:00 PM
From: GWalker
   of 210
 
I can't find the release anywhere.

Hope it is the start of something...anything!

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: GWalker who wrote (192)1/24/2000 9:57:00 PM
From: Shaw
   of 210
 
You can find stuff here: stockhouse.com

I am really encouraged and bot some today. If you read a couple of items on the bull board there you can get an idea what they are looking at. Only a really small float and these types of things have been flying.

Regards

Share RecommendKeepReplyMark as Last Read


To: GWalker who wrote (192)1/25/2000 12:06:00 PM
From: Baywall
   of 210
 
G.Walker,

investcom.com has the news. After getting GXM, click on Company News on right margin. It also has direct connections to SEDAR and Silicon Investor. Nice web site.

Negotiations are on with two private high tech companies. Not much details at this time. One has inventions which benefit computer users, while the other involves the media. Both are in early stages of development, but require a public company to get things started.

Have to wait until an agreement emerges. In the meanwhile, Tyranda property will be drilled in the second half of Feb.

LVL

Share RecommendKeepReplyMark as Last Read


To: GWalker who wrote (192)1/25/2000 4:00:00 PM
From: Baywall
   of 210
 
GWalker,

Page 3 Northern Miner (current issue) GXM has an ad seeking JV partner for a Mexican property. 1.1gms Au. and 17gms silver over 160 meters in chip samples. They have two mining properties and want work done on these to see whether anything exists, while looking at high tech opportunities.

LVL

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10