To: lttb who wrote (19771 ) 6/25/1999 2:59:00 AM From: TOM Read Replies (3) | Respond to
1ttb: The conference call was positive in some respects, it afforded some answers. To my way of thinking, the news release & conference call raised these questions: Ronald Atwood, Phd. former chief metallugist for Newmont Mining called the cangalli deposit "enormous". To my understanding of such adjectives, 'enormous' is more than 'huge' or 'large'. More akin to "godzillian". He seemed quite positive in his statements. However, the questions arise: How "viable" is this find? Meaning, will it be economic since the statement was also made somewhere that the mining of it may be difficult. However, from the news release & the conference, my impression is there is a lot more exploration to find things out, and there may very well be rich undiscovered pockets or areas not hit upon yet. I'm positive on this respect & think there must still be a lot of preliminary exploration to be done yet. The one point that I do not understand, that the geologists should answer: There was in the Behre Dolbear report the statement made that the "alluvial" gold was deposited throughout the enire 1600 feet
