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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: hubris334/24/2006 10:48:06 AM
   of 78416
 
More OZN too Little, too late!

Orezone Reports on Kossa Drilling, Two Zones Drilled to Date Return Encouraging Results

I think this sentence says it all:

>>>Mr. Ron Little, President & CEO stated: "While the results to date do not include any "Essakane type" intersections (greater than30m wide), encouraging results have been returned from two target areas. <<<

The results reported are only average at best. I can think of a bunch of Jr. explorers that have better results than that and are located in more politically stable areas! But why, Mr. Little, wave a red flag pointing out the meritocracy of the situation (not Essanke type)?

Gee Ron, perhaps if you were transparent with your plans over the last 6 months, hired a PR firm and, oh yeah, got some technically competent people working for you, the market might believe in OZN. How is it that with a PhD and a VP working on your program, OZN has to have 20,000+ samples re-analyzed? That is the kind of technical incompetence or poor management one expects out of A Level students. Wy wasn't some one sacked over this mess?

What is up with reporting 'down-hole' widths instead of true widths, as is the industry standard? The less technically astute might be fooled into believing there is more resource there that there actually is, so such reporting is not advisable. [The diagonal is always longer than the true thickness.]

Who cares if you have drilled 5,000m on the Kossa project, when results are likely to take 6 moths from the lab, another 3 months to be released by the company and then re-analyzed when it is 'discovered' that the lab ran the wrong analysis. BTW why are you analyzing the samples with a bottle roll test? What happened to the "new procedure" or fire assay with an AA finish or ICP?

Geez!

H3
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