SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ironyman who wrote (1936)4/22/1998 1:43:00 PM
From: Ray Emery   of 34075
 
eric,

What you say about MINE owning a drill may well be true, but with every other gold company that I have owned or looked at, there has ALWAYS been a detailed NR concerning a planned drilling program to determine depths of mineralization and the horizontal parameters of the area being drilled. With the size of the property that MINE controls that type of drilling program will take a substantial amount of time to determine PROVEN resources. If they do undertake a detailed drilling program with the ONLY drill that they own, the info will come out in dribs and drabs as the drilling progresses.

Unless I misunderstand, the assay figures that you quoted concern grab samples that are ON the surface, not below it. That type of data cannot be extrapolated to what is beneath the surface without an EXTENSIVE, systematic, boring, tedious, drilling program.

Ray Emery
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext