Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Talk to Lola:) -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (1341)	10/12/1999 10:13:00 AM
From: pink789	Read Replies (1) \| Respond to of 2010

Lola, You should put Canarc Resources (CCM on the TSE) on your radar screen. This company does exploration and has a lot of exploration relationships with the majors. I've copied a bit of the 3rd quarter report below (sorry, no link handy). It could turn out to be a real sleeper for a surge later this year.... "During the 3rd Quarter, Canarc completed a positive feasibility study on the Sara Kreek property in Suriname recommending the construction of a second, small, high grade, open pit gold mine with low capital costs (US$1.5 million) and very low operating costs (US$62 per oz.). The Mexican silver joint ventures with both Noranda and Far West were successful in discovering several strong drill targets, suggesting that at least one major new mineral discovery is a distinct possibility here. Last but not least, Wheaton River received preliminary approval on permitting the Bellavista gold mine in Costa Rica." ... and "Outlook ? 4th Quarter ú Five significant exploration programs are set to commence in the 4th Quarter, three of which are fully funded by our joint venture partners ú Homestake Mining is drilling two wildcat drill holes on the GNC property adjacent to their high grade Eskay Creek Mine ú Noranda Minerals will drill several holes on the Lobo 6 property ú Far West plans a large drill program to test several anomalies on the Lobo properties ú Aztec has identified a strong geochemical anomaly on a gold-silver property acquisition in Mexico that is suitable for applying for an exchange listing ú Canarc plans to continue trenching of the EB, WP and PP prospects on the Sara Kreek property to expand the high grade, low cost mineable gold reserves." Gold luck with your gold stocks!!! pink789