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

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To: E. Charters who wrote (8762)4/2/2006 7:50:24 PM
From: ogi  Read Replies (2) of 78416
 
Hi Eric:

I don't know the Sheridan story like you do. I have spoken with Pat Sheridan jr. on a couple of occasions. Naturally he wants to maximize returns, given that I got the impression he would happily sell to a major providing the offer is satisfatory, absent a sufficient offer he would develop Aurora himself.

They have not even undertaken a 43-101 calculation but all the drill data is going to those with confidetiality agreements. I must assume those miners can easily model the deposit and calculate the ounces represented by the cores. Don't think you can go to feasibility without a resource calculation but you can get bought out, especially with a completed preliminary environmental impact completed.

If I am not mistaken Guy.t is more P.S Jr's baby than his father's and may represent a change in strategy from past situations. To my knowledge there has been little modern exploration in Guyana. Lots and lots of artisanal production, lots of previous porknocker work on Guy's property which is not far from Venezuela's Kilometer 88 gold district.

Appreciate your thoughts, Guy is still a big win from here in either a take over or a devlopment scenario.

Cheers,
Ogi
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