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Gold/Mining/Energy : BALACLAVA MINING (BIL.V)
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To: chevalier who wrote (88)8/21/1998 12:59:00 PM
From: Elizabeth Andrews  Read Replies (2) of 139
 
Ari, the trench results that you are quoting are along the strike of the veins. It is not a true width and may be misleading. The structures may only be 1 to 3 meters thick and perhaps discontinuous vertically and along strike. Lenses, so to speak of high grade shoots. The other misleading thing circulating is that RTZ, the former holder of the property option, didn't understand the geological setting nor did they examine the property to understand its potential. And the property payment due to the vendors was too big due to a poorly negotiated deal. Ya, right.
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