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Gold/Mining/Energy : Anzex
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To: John E.Quinn who wrote (55)7/8/1998 10:35:00 PM
From: chevalier  Read Replies (1) of 253
 
Until there are assays from the second hole no one can say for sure. I would watch the stock price for any indications as this play is fairly widely followed. What they are looking for is roughly 1 meter of 5+ g/t PGE's. An excellent way to understand this play is to compare the results when they are available to those of Platexco (PTX) on the TSE. They are drilling off a monster PGE resource in S. Africa that consists of the Merensky and UG2 reefs. You'll remember that Anzex compares the Longwood to the Merensky. This program can be explosive if they hit but it is a crap shoot at this point. Good spec however as it isn't gold they are looking for.
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