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Gold/Mining/Energy : Northern Crown Mines (NCW-V)

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To: Mark Bartlett who wrote (165)6/27/1997 12:26:00 PM
From: akpirate   of 349
 
Thanks Mark, and Claude for the quick response. A momentary heart palpitation...<G>

I did get through to the company, and all does sound well. With the Canadian and US holidays next week, the anticipated results may not be released until the following week.

With the rainy season kicking in, they will stop the drilling ( as planned) until approx October when they will bring in the diamond drills. I was told the next phase is all the data interpretation, as they define the resource at hand. With over 21,000 meters of sampling to review, how long will that take???

The next step at Zapote ( as I was writing furiously) is the mine development phase. If they can get the 50-60,000 oz from Zapote over the next 5-6, yrs., that will give them a good cash flow, and recognition as a producer.

It also looks like there are some exciting possibilities on adjacent properties, but this is long enough, and I'm sure the "goldbug" has a better handle on all that.

Generally, I am just a lurker (and subscriber <G>), but wanted to contribute something for the other lurkers etc...Thanks again to both of you. I have always enjoyed your posts here & on s10..

robert
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