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

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To: Claude Cormier who wrote (61074)	10/11/2008 11:30:09 AM
From: loantech	2 Recommendations Read Replies (3) of 78416

RE: CFO-I spoke with Harry and he assumes assays may be ready for release next week or the following week. He is getting results from the lab but as of yet not for complete holes.(maybe a few complete but not enough for a decent release is what I think I heard from the conversation) He is excited about the VG that is apparent in some of the core. He also mentioned that CFO is aggressively working on a new 43-101. The potential number he mentioned was exciting. Not sure if the potential total would be a lot of inferred or mostly resource and M&I. Harry also mentioned they are accelerating a plan to utilize the tailings. Permitting may come faster than many other areas. Weeks not months or years. In addition as it will be a reclamation project they may obtain $$ from the Quebec government. At these prices I may be forced to accumulate. CFO has taken a hit from recent highs but not a much as many other gold producers, explorers and developers.

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