SI
SI
discoversearch

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.
Gold/Mining/Energy : Corriente Resources V.CTQ Junior Exploration Co. -- Ignore unavailable to you. Want to Upgrade?


To: Ontherise who wrote (1375)5/3/2000 9:48:00 AM
From: Claude Cormier  Respond to of 1416
 
<<I don't see how you can say what the stock will do without looking at the map.>>

The description in the press release is enough to get a good idea of the picture. 16 drill holes assays over a 700 meters section... But of course, the map is needed to do any calculation.

I am a bit surprised by the market reaction. Looks like many where expecting much larger intercepts and grades consistantly above 1%. This appears to be a good buying opportunity.




To: Ontherise who wrote (1375)5/3/2000 4:05:00 PM
From: WillC  Read Replies (1) | Respond to of 1416
 
Kevin,

There is no real co-relation between the moly and the copper or at least not as the map would indicate. The best standard to start with is probably the measurement L,O&M came up with which is 40 million tonnes at 1.5%. This is from a scout drill program with all kinds of possibility at depth (as indicated by hole 5 and 15) and to the south and west. At 40 million tonnes this is over half the size of Quebrada Blanca. It's hard to go much further than this until they return to do more drilling. They assured me that this could still be a 200 tonne deposit.

These should be (under normal circumstances on a normal day with sane people) excellent first results.

It would be good to get an explanation from Ken as he probably understands this better than anyone next to D.L.

Maybe tomorrow people will sober up.

Will