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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: TrueScouse who wrote (3242)7/23/1999 10:22:00 PM
From: Bruce Robbins  Read Replies (2) of 4504
 
Howy:

I guess MAN decided that the sulfide mound on holes 9, 5, 4 and 7 was the priority and that the mound at holes 3, 6, 12, 8 and 10 was secondary. MAN seems to prefer copper to zinc.

The hole 3 mound looks like a winner on zinc, silver and gold at 150-200 meters. I'd say this mound is centered on holes 3 and 6 where the good copper is, smack in the middle of the gravity high, at the deep level (near the old vent?). The zinc seems to be getting better further away from this center at holes 10 and 12. There should be a certain distance from holes 3 and 6 where this zinc will start to pinch out, but who knows until they drill. I think MAN should drill more on TG1 someday though, particularly around hole 37.

The 9-5-4-6 mound seems to have stacked mineralization events (upper, mid, lower). I think MAN believes this is where the meat is. Too bad they didn't drill in the river here. Too little info for now. Would like to see a cross-section soon.

Today's market reaction was not surprising- all the smart people are out on vacation <g>. The story is getting better at TG. I was surprised to see a news release full of bold statements like "..potential to be much larger than the nearby TG-1 deposit..". MAN management must be really confident.
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