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Message: Re: Thoughts
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May 20, 2015 09:23AM
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May 20, 2015 09:35AM
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May 20, 2015 11:02AM

Jun 09, 2015 06:48AM

Jun 30, 2015 09:07PM

Sep 13, 2015 08:03AM
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Sep 14, 2015 12:23PM

Don't know why I drifted over to check site, but now can't resist with a comment / answer to the question.

He was working FMG and UC in parallel when in Mexico. FMG should have been a UC project. It was never visible that, or how, UC and FMG expenses were prorated, however I am not an accountant so maybe someone can explain all. My biggest regret is that I did not bail when I learned about FMG. UC needed full attention, not have it split with UC. UC had $6m from the sale of the Ring of Fire interest, plus gold and silver production from La Yesca worth more than $1m, and the update messages were always positive. Credit Gary M with doing this deal. Some of the RoF money was initially placed with the Sprott Silver Fund. UC must have lost some money with the declining price of silver, but I have not seen when or at what price those units were sold to be used for UC operations.

UC got involved with something called Sunvault. Check out the Sunvault story and it's management. The technology to gather and store enough energy to run a mine? Would be worth Billions if you had it.

UC got involved - spent money - to buy into some Canadian interests. My question: why not buy FMG? Or merge with FMG?

Anyway, Fortunately I did not bet the farm, but I learned from this lesson, though a bit late for a couple of other losses. Anybody here owning GNH?

Forcast is for sunshine for Sunday and next week, time to enjoy the Niagara Country wine.

Deke

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Sep 20, 2015 06:48PM
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Sep 20, 2015 07:55PM
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Sep 21, 2015 09:30AM
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Nov 20, 2015 07:20AM
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