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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Sailfish who wrote (3974)1/24/2000 7:57:00 PM
From: Snake  Respond to of 4504
 
This seems to be good news yet the stock didn't reflect the positive news...anyone have any ideas?

Snake



To: Sailfish who wrote (3974)1/25/2000 2:52:00 AM
From: Jeff Dickson  Read Replies (3) | Respond to of 4504
 
Ray,

I checked my notes and I'm not sure when those were drilled. When I talked to Mike in December Papayo drilling was certainly planned, as they had to spend something like $100,000 to maintain their option. Yet in January they apparently were just starting to drill it, although I did confirm that they made good on their option.

There's only one hole so far... Hole 2 is just another attempt at hole 1, and I don't think there are results from hole 3 yet. Hole 1 by itself is not too impressive, but at the same time it is hard to believe that gravity anomaly gave from something that deep alone. So there is a good chance that there sulphide mass closer to the surface, or this thing is deep and huge.

I'll try and get some more info this week.