Greater China Junior Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Greater China Junior Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Julius Wong who started this subject	11/8/2003 5:46:59 PM
From: Postman	Read Replies (1) of 1992

LAM.V finally took off last week- I have been watching accumulation happen for about 8 months! Among other properties in Canada and Mexico, LAM has an investment in a China play with a company called Alliance Pacific- I think that LAM owns 12% of Alliance now, but is first in line to finance them further- laramide.com not sure how updated this website is- ------------------------------Here is from the website- "Laramide Resources in process of acquiring Alliance Pacific Resources Inc. an unlisted Toronto based company. Alliance Pacific Resources has signed an agreement with Chinese Bureau of Geology with the right to explore, mine and sell gold and base metals. Alliance Pacific also has the right to bring in a third party. Project is located in a significant gold belt stretching from the CIS through China and into Mongolia. The surrounding area hosts a number of deposits in excess of 10 million ounces, and include Muruntau (140 million ounces @ 3 g/t Au), Kumtor (14 m oz), Vasikovskoye (14 m oz) and Bakyrchik (8 m oz). The target is for a multi million ounce sediment hosted gold deposit which can be mined by large scale open cut methods. The property contains three separate mineral deposits. Currently being mined on small scale. 37,000 meters of drilling and 30,000 meters of trenching has been completed on the main zones of mineralisation. The three deposits contain a substantial quantity of Au in State approved resources. Drilled on 25 meter spacing with a 1 g/t Au cutoff. Agreement to explore surrounding 4500 sq km land holdings. Excellent potential to make new discoveries and increase existing resources. Good infrastructure exists in the project area, with adequate power, water and labor. In addition has road access. Reported to have excellent metallurgical characteristics."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next