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Gold/Mining/Energy : NDT VENTURES -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (897)1/2/2001 9:32:38 PM
From: charred  Read Replies (1) | Respond to of 992
 
A good start. All holes but 1 hit. Now the geologists have a better idea what controls mineralization. Their next round of drilling will expand the zone.

Remember Argentina Gold. They had a similar start as well.

One must remember the infrastucture is excellent for this part of Peru. Lower grades will be economic.

Now if Anatolia hits (results mid-Jan), I'll be batting 2 for 2 for the new year.

Pacific who?

Cheers



To: Enigma who wrote (897)1/2/2001 10:57:25 PM
From: Elizabeth Andrews  Respond to of 992
 
Not economic.



To: Enigma who wrote (897)1/3/2001 9:01:08 AM
From: russwinter  Respond to of 992
 
Actually looks like there is plenty of near surface "$10 rock" there, with snippets of $12-$13 (need to find some more)as well. With the wide intercepts I don't exactly pronounce Antana uneconomic. So far it has the look of a $160 or $170 cash cost deposit (?), and therefore not one to just walk away from especially if the development cost and metallurgy is as good as others here have suggested. I agree with Liz that the deal adds to the cost structure enough to cloud things up some. Still you have the stock effectively valued for just cash. I'm going to be a buyer under 15 cents.