Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (1589)	7/13/2001 6:30:46 PM
From: russwinter	Read Replies (1) \| Respond to of 4051

I had heard that LC was available cheap, but still am rather amazed that it was a junior that did it. No doubt similar to other PDG deals like Donlin Creek and Mulatos. Vanessa is involved with a land holding in KM88 but doesn't have much ore. vannessaventures.com The strategy that is supposed to make KM88 work is a large project (probably the largest in the world) that takes cash cost way down and spreads out the capex over larger and quicker production. Brisas owned by GLDR was to be important to that, as was a new exploration program on the huge prospective potential there. Note that GLDR has doubled since this post, so there's been some influencing news? Message 15257264 It was my understanding that this general approach was to be confirmed by the "Scotia study" commissioned by Venz. This study has apparently been in the hands of the Venz govt for a few months and must be known at least to the parties down there and I would imagine majors that had an interest. Therefore, it is a bit perplexing that PDG is just passing this "Mulatos style" to an undercapitalized junior. Other majors aren't ready yet, or just PDG's ultimate "screw you" to the world on this? The question, is a major ready soon? Does Venz, just laugh at this junior? What an odd outcome. Is something else lined up (a new deal with a major)by the government when they boot PDG this weekend? Incredibly lacking in transparency right now.