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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Elizabeth Andrews who wrote (2953)7/9/1999 12:58:00 PM
From: Bruce Robbins  Read Replies (2) of 4504
 
Elizabeth,

The answer is NO. I am 99% certain that the lithology is intermediate to felsic volcanics (andesites and rhyolites).

First of all, I am a shareholder in MAN. I am also an economic geologist. If any mining company ever did show me the core and the core logs, they would make me sign a confidentiality agreement first because the core and core logs are not public information. The fact that I am talking to you means, I have not signed a confidentiality agreement, and that I have not seen the core. All of my postings come from public information disseminated by MAN.

It' a legal thing. A mining company does not publish core logs because they are usually hundreds of pages long, and it would cost the mining company several thousands of dollars to do so through Reuters or any other newswire service. Because they can not properly disseminate the core log information, they can not show it to anyone without having them first sign a confidentiality agreement. Catch-22?

The core logs for TG-1 are probably public, because they were done by the BRGM- a French Government organization and were probably given to the Peruvian Government to publish. I have not seen the BRGM information on TG-1. Has anyone on SI read the BRGM core logs for TG-1?

If any listed mining company had time to show the core to everybody before releasing the news, we would never have any news. The drill core was extracted in the last 2 weeks and sent to the assay lab for analysis. I doubt that anyone other than the people at MAN have seen the core. All of the information on TG-3 has just been released. This is why we have securities commissions etc.

I am sure that we will see MAN's TG-3 core, complete with core-logs, at the next "dog and pony" show.

Has anyone on SI been to a "dog and pony" show and see MAN and the Tambo Grande core for TG-1?
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