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

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To: Eashoa' M'sheekha who wrote (1977)2/9/1999 2:02:00 AM
From: E. Charters  Read Replies (1) of 2249
 
Zat right? Well I dunno. Anybody has the right to drill and miss. I have done it a few times. It isn't difficult. But Queenie has been drilling and missing for 16 years now. That must be some kind of record. You figure they gotta hit sooner of later. Just gotta. I am going to be doing a drill program of my own soon. I have about 700 times the chances QTR had on their last we-have-all-the-signs shot. A. I have really good gold on the surface. Like 34 grams. B. I have a 3300 PPB gold in soil geochem 1/4 mile wide. C. I have IP anomalies that are narrow just like the veins in that area.

Know what I tell people? I can miss no problem. If I wanted to be sure of hitting I would have to drill 80 holes. Maybe more. And do 50 metre line space IP. I haven't the budget so I guess it's a gamble. What I say is that we have less than a good chance of missing an orebody. Less than. I won't say how much less than. I hope its a lot but I admit I don't know.

Now can anybody blame me?

If you promote yourself you can end up demoting yourself too.

EC<:-}
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