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Gold/Mining/Energy : Cardero CDU, the next Piernia -- Ignore unavailable to you. Want to Upgrade?

To: Quickdraw who wrote (4)	3/4/2000 7:54:00 PM
From: charred	Read Replies (1) \| Respond to of 30

The property I heard is ready to be drilled. In the case of Cofradia and Luicho roads had to be built. The Cofradia property didn't have great showings. At Cori Huarmi chip sampling across 192 meters returned 1.41 grams Au/tonne and also 3.77 grams Au/tonne over 37 meters. If they don't hit, well that's the business. However an insider put up one million of his own money. I didn't see PFG insiders do that at Cofradia. That says a lot. I won't say any names of the geologists. As far as I know no analysts have reviewed the property. I am very glad a junior got this property. Many majors wanted it. Hopefully a discovery will pump some life into the market.