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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Mr Metals who wrote (924)11/1/1998 10:16:00 AM
From: the Chief  Read Replies (1) of 3282
 
Hi MM. OFF TOPIC: I think this may settle the VB vs SVB discussion;

Leader Mining has elected not to invest the level of exploration expenditures required to meet the work commitment whereby it would retain its earn-in option for Celtic Minerals' Voisey's Bay claims.
However, Leader still retains its earn-in options with Ivory Oils and Minerals and the NDT Ventures consortium claims adjacent to Inco's Voisey's Bay claims.


So, I don't think they'll rally based on SVB. I still await whether this SVB is a suckers rally or there is substantiation for it. If true than assuming they are in fact drilling "next to 16" then it will be shortlived no matter what the results. I think the ideal thing for LMN is to have the strike on GKR property....and if we thought that was true....then GKR!

the Chief
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