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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (1)9/2/2005 7:02:04 PM
From: ogi  Read Replies (1) of 78428
 
Tom: Did RR ever say why they are not going at Gitana more aggressively? If this a huge system that has been demonstrated by the first round which also gave them insight into the deposition model and the have 19 million in the bank, why not have at least 2 or 3 rigs drilling?? Slow and steady wins the race but if this property is all they think it si and they want to jv their other properties I don't see why they would be so conservative on the lead target. Didn't he say something like they don't expect to be drilling what they think is the richest target until spring 06?

I don't quite understand their approach.

Cheers,
Ogi
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