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

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To: marcos who wrote (54196)12/13/2007 5:06:18 PM
From: WalterWhite  Read Replies (3) of 78408
 
re KEX.V I spoke to IR yesterday. They have cores from flagstaff off to labs, may have some results within a couple of weeks. The interesting bit however, was he stated that 1200' of the core had mineralization - and mgmt wants to have the entire length assayed (which takes more time) but it encouraging. Rosebud also being drilled, and so news should start soon and keep coming as assays are completed. They are still in discussions regarding the barite at Flagstaff which could provide a nice revenue stream, plus they may have a bentenite mine possibility at Rosebud that may be economic and provide cash flow quite quickly. I am not sure if the barite / benenite opportunities are a distraction, real opportunity or smoke screen. Perhaps someone can call them and speak to a geo dude.

Flagstaff and Rosebud have Au. Just need the drill bit to have found a sweet spot or two. Good bet imho.
Globe
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