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Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: The Sinclair way?

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The Sinclair way?

posted on Nov 17, 09 01:27PM

If you listen to this interview, you can see a form of Jim's strategy being played out here. That being, use the surface gold to fund the development of the mine to get the deep gold out, rather than using bank financing. If indeed Guy is successful in this strategy, it will make the mine more profitable than "traditional" financing.

The dilution we've suffered over the past two years has been due to delays in getting the locals on and the financial crisis, not so much a part of poor strategy - or so it seems.

If (when please!) this thing gets rolling, it should be a very good and profitable project based on how it is unfolding - firm support by the govt and strategy to self finance with surface gold. If that strategy squares with someone like Sinclair, it should be a dandy...

Jim Sinclair on King World News 11/13/09

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