Canadian Gold Stocks under $5 Message Board

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Gold/Mining/Energy : Canadian Gold Stocks under $5

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To: CocoBob who wrote (25)	4/26/1996 9:08:00 AM
From: Vartan	of 198

Robert: Consider this excerpt from the Kaiser report. It puts the Voisey Bay situation in a nutshell. The general exploration strategy this year in Labradors Nain Province is to search for deep seated octopi like the Eastern Deeps deposit using deep EM geophysics and deep drilling. Last years exploration pass pretty well killed the potential for another near surface deposit like the 30 million tonne ovoid zone. Short term surface intersections of magmatic sulphide minerilization will be treated as possible tentacles to be followed up by more work. This stage will be accompanied by lots of hype. The co's here have huge quantities of paper. Any discoveries here will have to be big (in excess of 1% nickel and copper over 50 metres and 20 million tonnes) Inco is not likely to accept mill feed from smaller deposits. Speculators shoud treat the 1996 Labrador exploration season as a trading play. Buying and holding for elephant confirmations will be the most effective way to lose your money. Vartan

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