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Gold/Mining/Energy : Rampton Resources - RMO.V
RMO 0.350-3.2%Oct 14 5:00 PM EST

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To: charred who wrote (10)11/21/1997 7:21:00 AM
From: E. Charters  Read Replies (2) of 20
 
BLEG is a different sort of measurement tool that uses much larger
sample sizes than traditional methods and lower lab limits. actually 1 ppb might be close to detection for some methods but perhaps not BLEG. Also the Chimu quartzite is a favourable horizon and it is attractively brecciated and mineralized. The other traditional stream sed samples draining the potential horizons are very anomalous approaching .01 ounces. This is practically placer grade.

I realize Gitennes said they did not like the property but there is more here than meets the eye. The Arias family felt they could resolve some issues concerning property ownership that Gitennes felt they could not. The property would make a logical secondary target for GIT so not acquiring it was due to cost and other troubles.

I appreciate your negative spin on BGO did pan out. I failed to look into them too deeply for no other reason than they had played out the discovery aspect. Always on earn in deals with majors its time to exit anyway. The fact that Dome took the option in the face of high expenditures in a bad gold market means it can't have been that daunting a situation.

The share structure of Rampton and lackluster trading pattern means that they failed to attract big brokerage support. This is a point in their favour in my opinion. At least its not a rigged market while not an exciting one. You cannot sell shares over the phone if you are not taking orders. Its a salesman's game to promote stock. Rampton is a put together property company. I would like to see and exploration genius ramrodding the thing but we will have to wait and see whether the hires can get vision.
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