Additionnal information on Sept-Iles.
An airborne survey on the 800km2 didn't find any other Visible "rusty "prospects.
The MRNQ intends to release a geophysical survey covering 4000km2 in the
incoming weeks
The discovery in Lac Volant is 100 meters in length and 20 meters large,thickness?
In reply to your message No 18 concerning Virginia:
Principal shareholders pre takeover of Diabior
Directors 11,5%
Main blocks in friendly hands 33.1%
Virginia shares common directors and board members with Vior&Mazarin
Andre Gaumond,Claude St Joseph,Michel Laplante.
Claiming is moving on a fast track in the Sept-Iles area ,and before the heavy snow,
most of this area will be staked,sealed and delivered.Juniors acquiring or increasing
their positions are refraining from publicizing as they consider the market heading
for a correction and the impact of the news will be lost,they prefer to keep it for better
sunny days.The heavy weights Inco,Falconbridge,Noranda seem in limbo,but are
preparing something big,looming to the 130 claims of Quebec Government.
The news of the staking will percolate slowly but surely and the best way to follow
the progress,is to take a close look at the volume of the junior involved in this area.
The prices won't move unless projects of exploration or exploration take place,as the
price correction moves from Vancouver to Montreal it will be useful to watch the prices
of the compagnies involved in Sept-Iles as to those involved in exotic countries and
"original" projects,more promoters with their "stable" of europeen investors are involved
in the MSE than one could dream or could fear.
I have seen the press release about ITEC,St Genevieve sold on the good news.
Doing a study on Black Hawk(BHK:tse)a turnaround situation,if you have any info,
pls advise.
Regards C.N |
