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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: ogi who wrote (4)	9/2/2005 11:59:29 PM
From: loantech	Read Replies (1) of 78419

Ogi, Randy has said he likes to use one drill initially in order to read the geology along with the numbers as he does each hole. He says having more drills during the initial phases does not necessarily result in better numbers. In addition he has a harder time finding good crews than a good rig. But he may be adding another drill by year end. He is sniffing around for one and has done a lot of ground prep work on other areas in the Gitana "district". so maybe by year end or so we get more than one drill going. Not sure of his method to drilling but he told me they did the ridge first as he wanted to see the gold content because they will need to take cierrro di oro down all the way to get to the good stuff. Needed to know the gold amounts so he could figure the cost of the hill removal. Slow and sure. He wants more than a rich starter pit . Tom

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