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Gold/Mining/Energy : GITENNES Exploration (ase:GIT)

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To: E. Charters who wrote (885)11/22/1997 10:13:00 AM
From: charred  Read Replies (1) of 1092
 
E. Charters: GIT has to do more exploration on the Alumbre Zone. It's probably a steeping dipping zone. How did you come with 71% of the true width?

The cost of drilling in Peru is expensive. You have to be careful in selecting your sites. The information of how many drill holes in a certain deposit is irrelevent. What is more important is the dollar cost to discover an ounce.

They may have 1.5 million ounces of gold on their property. The recent decline in the price is bringing this overpromoted stock back to reasonable levels.

I am rarely wrong myself.
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