REPORT ON EDMONTON PRESENTATION:
Dense fog at Edmonton International caused the flight carrying ANZ team to be briefly diverted to Calgary, however the Edmonton conditions later improved enough for the team to make it back to Edmonton consequently starting the presentation about 5 min. late.
The presentation began with a description of the ANZ mgmt. structure, including some background information on the key people involved with the company. It became quite clear from this information that Dennis Grey, Jens Touborg, Cythia Dean, Bob Yeoman, and Peter Southward (I missed a couple other key people..sorry!) all have very respectable qualifications and IMO, represent an excellent combination of skills and experience to lead the company.
A considerable amount of geological information which was quite technical in nature, was presented in a very conservative and factual manner by Jens Touborg. Using several kinds of maps (drill maps, magnetic, radar for example) Mr. Touborg summarized much of the information known to date on the properties. It was very interesting to see how information gathered using differing techniques often pointed to possible deposits in specific areas.
In addition, re. Ojolali, it was very interesting to examine closely the information available on the surrounding 29.7, ie, comparing the images in that section to known areas like Tambang and Jambi.
Being able to discuss the maps with the team was a FANTASTIC opportunity to gather information on the properties, and I would STRONGLY encourage EVERYONE who can to attend the remaining Calgary or Vancouver shows so you too can realize the potential of what we have here.
In addition to maps, there were several samples of drill cores on display. To ensure the burn rate is not excessive, drill locations for the 3 drills at work on Ojolali are being VERY carefully selected (which can now be done because of all the data that has been assembled).
No word on the EV deal at this time, but Peter Southward made it clear the JV would only be persued if mgmt. viewed this as an opportunity to enhance share-holder value.
Huge amount of geological data on BC that has been gathered to date is still under study, and the goal is still to provide us with some sort of resource est. based on data so far asap.
IMO, ANZ at .40 is an absolute STEAL and should be a screaming BUY recommendation from anyone attending these presentations.
Full info re. W. Canada tour is still at:
plaza.v-wave.com
Regards to all... I'll be sleeping better tonight.
WW |
