Queenstake Resources (QTR.T) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Queenstake Resources (QTR.T)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Shirley Owen who wrote (1657)	1/5/1999 7:09:00 PM
From: charred	Read Replies (1) of 2249

Hello Again Shirley, I just looked the map on the news release. It seems that they drilled only 2 holes into the vuggy silica zone. Newcrest drilled widely spaced holes over a long strike length. If Newcrest continues, they should drill more in the vuggy silica zones. I don't know why they drilled in the areas they did or why they didn't drill more holes in the center area. I feel Newcrest will drop this property eventually. This not bad because Queenstake gets 100% of the property back. As I said, Newcrest is cheap. There are better partners out there. Newcrest spend 2 bucks to save 1 and likes helicopters at $4000 per hour. Off topic a bit, I thinking the same way on PFG, if Barrick drops the property, the stock would drop for the moment then the stock would be a screaming buy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next