GOLD in Eureka & Carlin trends Nevada; MOLYBDENUM in British Columbia
High-grade Magnesium and Manganese discoveries on Tami-Mosi Nevada, while CrowRea Molybdenum development continues
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Molycor Gold Corp. > Message
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Re:There are deposits and there are deposits.Some are more equal than others.

Posted by: Darshan on May 27, 2008 12:13PM

In response to: Re:There are deposits and t... by nmaycock

I was buying and selling Blue Pearl, Adanac, Goldrea, years ago. I have been doing quite well buying and selling all the Reaugh plays and other penny plays as well. Serious money can be made even without fantastic drill results. The vast majority of these exploration companies will never become the Thompson Creek/Blue Pearl mother lode discoveries. These penny plays can be extremely dangerous. I care not about dilution as long as I buy low and sell high. I'm not married to any stock.True I hold a core position in certain companies in the event a big discovery is made. Personally, for me, stock markets are for making money. If I want to sit with a project I'll buy a drill, stake some claims, drill, blast, timber and muck till the cows come home. As Mark Twain said, "a miner is a liar standing next to a hole in the ground" There is no shortage of holes or liars in this world. Such are the vagaries of the business. No doubt Lady Luck and the Tooth Fairy owe a lot of folks a lot of $
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Larry Reaugh
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August 04, 2008

Larry Reaugh provides outlook on recent acquisition of 400K acre coal property

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