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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (8739)3/4/2002 9:45:48 AM
From: russwinter  Read Replies (1) | Respond to of 36161
 
<Western Copper>

Hit drill hole map to get a concept of size potential at Penasquito, then results. Note numerous high grade silver/zinc grades from previous holes. Stripping ratio likely about 2:1, with major drilling program underway to prove out size and bring up to resource quality. Good prospect for a big, low cost deposit and stock is CHEAP, doesn't reflect the home run potential. Also holds a quarter of San Nicholas, an advanced copper/zinc (starting to move) deposit with Teck (owns 26% of WTC). Source for this idea is Jim Steele's Mining Insights and he has a major report due. This is a very good risk/reward speculation, especially for silver bulls.

westerncopper.com

* disclosure: I'm in for 100,000 shares of the recent private placement.