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Gold/Mining/Energy : Queenstake Resources (QTR.T)
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To: keith massey who wrote (1641)1/4/1999 11:44:00 PM
From: Shirley Owen  Read Replies (1) of 2249
 
Hi Keith, Yes, it is true that Pierina had a lot of spectacular holes, but as the average overall grade 1.81 g/t suggests,(Barrick's figures) they weren't all like that, or you would have a much higher average grade. Whose to say that they won't find a higher grade section? Arequipa had the benefit of the pits and tunnels to lead the way, which made it much easier to target the drilling. As far as the Pico Machay goes, I still think it requires more drilling before we can say whether it has any potential. Who knows at this point? I hope it does, but if it doesn't, it won't be the first time that a property came up dry. Your guess is as good as mine!:-))

Cheers

Shirley
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