quarterlies out..., page-6

NS, I would have thought the best way to build up a company was to buy projects at less than what they are worth. You have a different philosophy? Wait until things become more expensive then buy? Or you would like WMT to wait until they identify the next inflating bubble and quickly grab a project in that sector? Please let us know when you become the director of a junior explorer, I'd like to see your method in action.

IMO the companies who make the right move now when others are 'sitting tight' are going to be rewarded big time when confidence returns. Paladin bought Langer Heinrich for the price of a second hand car when the market thought uranium was dead and buried, never to return. Someone else might know the price of Paladin when they did that, but i think it would have been in the same ball park that WMT are trading at now.