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

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To: marcos who wrote (58470)4/15/2008 8:29:24 PM
From: ogi  Read Replies (2) of 78419
 
Nice of you to point out the jrs not so bad today, hope you are not coddling me :):) Too much whining huh??

Lost more on cpq today and I remain baffled by the magnitude of the sell off. Diamond holes were drilled at 75 deg, so I am guessing true width close to 85- 90% of hole depths, which were over 700m!! All to be mined after capex paid off by oxide resource. Also large, up to 200 m of mixed oxide sulphide zone starting around 200m, which I take to mean the pure sulphides and any big recovery costs for them don't occur til very deep.

What I don't know is does this deep oxide penetration indicate the deposit's original size is not eroded and is fairly intact with still much greater depth potential??

MNM.v, some good results today, 3 kms away from previous great results, that is a big step out!! stock sold off on small volume and if anyone has a positive sector view going forward, MNM looks very attractive here. (I do own it)

POE.v not sure they have full exposure to the increase in oil prices with their royalty structure etc. However it is a great help to be discovering large amounts of an increasingly valuable commodity. POE.V will have continuous news all this year. They are delaying drilling their 100% property to drill off 27 development holes on the 60% owned big discovery field.

Cheers,
Ogi
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