AW1 0.00% 7.7¢ american west metals limited

Ann: Drilling Hits 7% Copper as Summer Season Starts, page-39

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  1. 10,744 Posts.
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    Ah yes - so you are back from ignore only just in time for that LITTLE GEM from Mark Bennett. Oh and yess! I held Gold Road all during that time too. Made bank, but did not hold into mining.
    And now the foolishness of that 1 in a 1000 statement is exposed - Mark was referring to TARGETS (not to GREENFIELD EXPLORATION COMPANIES)

    And a specific exploration company could have hundreds of targets - as did AZS (outcropping pegmatites, with rock chip assays) (or does AW1, for that matter) or my other hot greenfield play, SUM in Brazil where in two months they already have rock chips with up to 50% Nb2O5 - all identifying 'TARGETS' by the dozen.

    Hey, hey. My Bad!! Mark Bennett was boss of S2R, not Gold Road, and I have held S2R also - not a profitable outcome there for me - he found Nova with SIR and got spun off into S2R with all that land under the lakes and a mint full of cash. I got tired of waiting and was not impressed by the Scandinavian deals. BUT, I reckon he is on to it with the gold in Victoria - on strike from Fosterville, who are bringing up the gold in lumps.

    Now please everybody take on board that the chance of a well led and well backed greenfield explorer eventually discovering a mineral deposit which has a good chance of becoming a mine is good enough to back - the game being to diversify (not all your eggs in just one basket) and to learn how to do deep and meaningful research, including into background of the directors and management involved, and be patient.

    I can't give advice and you must not take advice from an anonymous forum. DYOR.

 
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