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Gold/Mining/Energy : Canadian Rocket Red's Picks

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From: metalman2111/10/2006 8:53:57 PM
  Read Replies (2) of 19697
 
OK, Clarifications on GML.......

I have kept my eyes on ARU's drill results and studied all holes on their MAPs for a couple of weeks.

I read a post of Lhotse a month ago that he mentioned ARU geologist is very interested in what will be found at the west part of the west fault. This drew my attention...I sent a inbox message to him and he replied after 10 days:

"I apologize for not responding sooner to your message. I did not realize I had a message in my inbox until this morning. You asked... From a source I respect I was told they will be drilling to the West of fault but that they need a drill that goes deep to really test what does lie to the West. My source said that it is likely that there is gold to the west of the fault--that it is unlikely that the gold would suddenly stop at the fault. "

Lhotse never post crappy things on the BB board. I trust his words...

What disapointed me from the last news of ARU is that the hole 73 had nothing found. But remember hole 73 is located at the north border of FDN zone. What I am interested is that at the line 9583400N and 9583500N what they will find. Currently all the hugest holes of ARU on those 2 central lines. According to Lhotse' message, there is a possbility about good drill results will be found at the west.

If ARU abandoned the area at the west of the fault line, that means there is no hope for GML. If they still plan to drill there, that would be a goooooood sign!!

And for the distance, if you read the updated MAP of ARU and GML carefully, you will find the closest distance from the GML's border to hole 59 is less than 400m. GML's last clarification news about the distance is about the average distance between FDN zone and GML's property is about 400~500m.

According to the downview survey MAP (captured from helicopter) on ARU's web site, GML's property and FDN zone are in the same basin, and most part of the two are at the south of the river. This geological similarity and last IP survey results give GML people some hope.

I am not expecting GML will have same find as ARU. But I believe they will find some...If GML has 30~50% good as ARU's at those area, GML will double or triple. This is stock market, buy on hope or on rumor.
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