time to buy, page-24

pussycat

When you start announcing reserves, you start declaring your hand and painting a picture.

When you make that announcement sound like something absolutely fantastic, then you should be made to justify your excitement.

So if you have invested at 18 cents, 30 cents or 58 cents, you should be doing so, knowing what the prospective value of the company may be.

The fact is this company has a diluted market cap of around $200 million right now.

But the pinch hit resource would appear, without any formal report to the contrary, to be rather shaky.

Based upon this, I will not buy this stock until an independent says the resource is worht something. If that means I don't buy it now and pay $1.50 later, so be it. (Based upon my knowledge of these types of deposits, I can't see that happening yet)

IMO