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Gold/Mining/Energy : ABER RESOURCES

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To: Sudhir Khanna who wrote (1171)3/29/1999 7:56:00 PM
From: George J. Tromp  Read Replies (1) of 2006
 
Hello Sudhir: I think Winspear will have to drill the grid much closer than 200meters spacing in order to move it into drill proven status. Who determines in this case what is a proper statistical model to predict value based on 200 meter spacing.? They may infer potential tonnage by projecting the tonnage, however bankable financeers would require INMHO a closer grid probably on 20 meter centers, guess it depends on the sales job. In regards to Aber, I think the stock and company has been lamblasted enough on these forums. If people dont like the valuation or the company, please move on. All I can say is when Aber approaches production, I will have much wompam in my teepee.

Regards
George
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