SI
SI
discoversearch

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 : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris A. who wrote (125)2/26/1997 5:04:00 PM
From: GWalker   of 407
 
Info on the Mexican Sideshow:

Talked with Bob Mackenzie at Excellon today. He said they are soon to be completing a $220,000 PP to finance this project and are just waiting for approval to drill. Application was made on Nov. 22 and they still don't have it although they expect it this week.

Important points:

- He confirmed that they are not diamond drilling and in fact are using a reverse circulation drill.

- Jack's feelings on the property and their geology report are in conflict but he still called the whole project a "longshot, but we feel they might be something there"

- There is no specific promotion going on other than two brokerage firms touting it a bit.

What's the net net of it all:

View it the same way as the diamond potential for BLO: great if it happens but assume it won't.

Graham
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext