GITENNES Exploration (ase:GIT) Message Board

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Gold/Mining/Energy : GITENNES Exploration (ase:GIT)

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To: E. Charters who wrote (1045)	11/11/1998 6:44:00 AM
From: charred	Read Replies (1) of 1092

They have more than 20 holes into the zone. Check it out. Stop spreading BS. About the 50,000 holes, are you suggesting a couple thousand holes to determine the resource? There is a big difference in what you're saying. Most of the 50,000 holes were drilled from the revenues of the mine. Gitennes is not producing. This is a point that you don't seem to understand. To finance the drilling you have to dilute. There is a difference. These days there is a thing called a feasibility study. And guess what? It costs money. Another point you don't seem to understand. These days properties are explore first and a decision is made to proceed to pre and full feasibility study after a study such as RPA. I thought you understood this stuff.

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