Anatolia Minerals Development Ltd V.YMC.U Message Board

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Gold/Mining/Energy : Anatolia Minerals Development Ltd V.YMC.U

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To: menanna who wrote (414)	10/5/2003 5:09:38 AM
From: que seria	Read Replies (1) of 468

I expect the combination of Turkey and "security concern" in the same breath, plus a correction in the gold price, will keep ANO under pressure in the near term. From the PR: Drilling has paused at the Kizilviran copper/gold porphyry prospect in the Tunceli joint venture area in Turkey while partners Anatolia Minerals Development Limited and Rio Tinto Mining & Exploration address several specific issues. Both partners are committed to a rapid resumption of drilling, but want to resolve problems with drilling, assaying and a short term security concern before recommencing drilling. No one could be trying to pirate the long but not exactly bonanza-grade intercepts. Wonder what the security concern is? Hope the local folks don't have issues with drilling. If it keeps going down, I see it as a buying opportunity for LT investors. I acknowledge the risk that ANO may continue to molder (price-wise) compared to a host of less well-mineralized movers with deposits in areas that investors prefer to Turkey. $.90 is quite possible; maybe even $.70, if gold moves down to its rising trend line.

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