Corriente Resources V.CTQ Junior Exploration Co. Message Board

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Gold/Mining/Energy : Corriente Resources V.CTQ Junior Exploration Co.

CTQ 25.45

0.0%

Sep 6 5:00 PM EST

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To: Ontherise who wrote (1397)	5/31/2000 10:06:00 AM
From: WillC	Read Replies (1) of 1416

Kevin, I think that part of the problem was that everyone from Mr. Lowell on down, assumed that the market would understand that these were scout drill holes being drilled to define the size of the supergene blanket. They were drilling for that very important 1% copper which is found in the supergene or oxides. Considering that these were only the first 16 of what will eventually be possibly 300 drill holes, they felt these holes were successful in accomplishing these goals. I assume that Mr. Lowell feels that geologists understand that the hypogene underneath will yield the lower grade bulk tonnage and that will be proven later when the bigger drills are brought in. Everyone was surprised to have analysts average the scout drills (those that hit the anomoly and those that missed it), so they are taking steps to insure that they don't leave themselves open for this type of interpretation in the future. The next four target are within 2 miles of a main road so they can bring in the bigger drill and pop a few deep holes in to prove to the market that the hypogene has the bulk tonnage. I think they will probably do this. As well, they will be spending a lot of money on their Web site to make sure that they have the best graphics possible to illustrate exactly what is happening. Again, they are right on target with the program that I heard outlined in January, including the summer luncheon in Toronto with Mr. Lowell explaining to the big funds the real story on the Corriente Copper District. Believe me, this will be a very significant event. Everyone has learned by this experience and now, as Bob Bishop says, the stock is undervalued so let's hope that the next move up is less speculative. Will

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