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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: jocko who wrote (2021)7/8/1998 8:39:00 PM
From: Bob Tate  Read Replies (1) of 2635
 
Jocko , Kenner,
I'm a newcomer comparing to you fellows. The odds are very high railroad has enough material for things to happen. Keep in mind success may not be necessary in the first 3 months of Kinross operation. We have been spoiled by the fact that MIQ had positive results on most drill tested targets. Based on that success Kinross is convinced in early success too. They (Kinross) have 4 year time period. Since Kinross believes strongly in high property potential I think they will spend most exploration capital in the first two years. In the last report they mentioned data compilation and geological interpretation as completed. No doubt, parallel to drilling program Kinross geologists will take many surface samples and may do additional geophysical exploration to identify new future drill targets. In all there are many new developments coming. I wonder if geophisical survey from air has been done for complete property.
ROI - ????? Please explain.

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