"I could have written that IP release three weeks ago.."
Vince, so could I but for different reasons than you!
I have pretty much written off the management of MDIN, the possibility that I will make any money on MDIN but I still like MDIN's gold properties! Andicollo is for real. MDIN's properties have been very well studied(recall the two journal articles and previous drilling, exploration, long mining history) and there is certainly multmillion ounces of gold there. As far as the Santiago properties are concerned-recall that it is G. House(would he ruin his reputation for the likes of MDIN?), not only just MDIN, that says the Catan vein, the placers, los dos marias, and la pangue all have excellent potential. I would have been shocked if the IP for lapangue didn't show the possibility of extensive minerlization-hmmm a minerlized diatreme breccia pipe in Chile-how could you ask for anything better? By the way, in you crunch the numbers, we are upto 200,000,000 cubic meters of potential minerlization already just at lapangue-not bad! If we assume a conservative 1.5 grams/cubic meter, that comes out to be 10.5 million ounces gold not to mention all the copper.(The UN in 1949 found a deposit with 112 kilograms/cubic meter in Bolvia.-unfortunately bonanza style deposits are extremely rare in Chile-you need for the minizerlation to have formed at at depth of greater than 5 kilometers then lifted somewhere close to the surface so it could mined economically-Chilean deposits were formed much closer to the surface.) Smile-MDIN is not quite dead-yet! |
