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Gold/Mining/Energy : Precious and Base Metal Investing
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To: E. Charters who wrote (27070)1/19/2004 10:52:58 PM
From: aknahow  Read Replies (1) of 39344
 
Seems like quite an exaggeration. Some of the drilling is indeed infill drilling on land drilled before but much of it is new.

"Two or three of the stocks I mentioned are actually just redrilling known mineral deposits from the late 1960's just before the copper price dived and Inco got a strangelhold on nickel. As a matter of fact the whole Ungava play is just the redrilling of the first 1967 rush into the area by Falconbridge. All that stuff of CZZ was found and drilled before. Those who remember some of the 90's work will recall some companies even flaming out on some properties after 100 foot drill holes into nickel and no more holes. The ole pump and dump. One of my past piratical partners was the first person to drill into a nickel intersection in the Ungava back then for Falco."

Any comments on Dundee Precious Metals fund or on Ned Goodman?
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