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


To: Claude Cormier who wrote (14)3/8/2000 4:04:00 PM
From: Quickdraw  Read Replies (1) | Respond to of 30
 
Claude,

At first glance, I'd have to say it looks very impressive, surface samples appear even more impressive than Luichos.

There is enough here to get me looking. I will do some further analysis. A few of the things I will try to investigate are:

a) the political climate (with regard to mining) in Guatemala as compared to Peru

b) location with regard to the cost of the operation

c) contrasting this low sulphidation prospect to that of Luicho's which PFG IR tells me is more like a high sulphidation prospect, x, y and z components (Luicho has samples which appear to confirm a verticle (z) component of at least 175m

d) low cost heap leachible? low cost is key!!

e) what the analysts are saying (including yourself)

f) Shares O/S, cash in the bank (they've got a lot), management, promotion, history, homepage, timeframe etc.

g) the rumours (always a key factor)

Thanks for sharing this,

Qd