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Gold/Mining/Energy : Lac Rocher - Finally a Great Canadian Area Play Again
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To: Richard Saunders who wrote (1)2/18/1999 6:38:00 PM
From: Big Shorty  Read Replies (1) of 53
 
Richard, Vancouver show was good. Cathy Hume did the intro and her father took over from there. 40 minute presentation.
10 to 14 days to punch the road in and then the rigs will move in to drill. Expect them to begin serious drilling about the end of the month. Although not metioned you can bet that they would like further results prior to hitting the PDAC in Toronto March 14th thru 17th.
The slide presentation as part of the show was made up of slides of the exact contants of their PR package, so if you geta PR package you basically have the presentation without the voiceover.
One point was that they could have used someone a tad more dynamic speaking, if for at least part of the presentation. There was not any great enthusiasm in the air, in fact quite monotone. Perhaps why no buying surge took place the next morning.
If I remeber correctly, they did say that what they have at this point is open-pitable, either from the presentation or the small talk at the end i heard something like 5m tons possibly to date. That'll have to confirmed by further drilling of course and will most likely grow.
It was also obvious to me from the jist of the presentation that they were somewhat surprised by the significance of the discovery.
They are a proud bunch of people and deserve this kind of satisfaction for their efforts. Gotta wish them luck.
Jim Cox
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