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Strategies & Market Trends : Ride the Tiger with CD

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To: Threshold who wrote (174514)9/12/2009 7:36:30 AM
From: ogi2 Recommendations  Read Replies (1) of 314005
 
Great post Ajonesy:

I have not your knowledge or experience with EC management but your arguments in their favour makes sense when one looks at their resume's. What I do not understand and would appreciate your comment on is why the RZ play rather than pursuing a known gold occurrence with very impressive prior results at Condor??

If the plan is to finance the company at higher levels one would think drilling where they know they can hit would be more useful than whatever short term share price affect can be achieved from drilling a sexy area play that has no proven gold. My one speculation on that would be the regulatory process, ie: the RZ property could get through the approval process and on to drill permits long before Condor. Make any sense to you?

Cheers,
Ogi
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