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


To: waverider who wrote (13100)5/23/2002 3:48:47 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
Oh, I don't know... to me if you look at the last couple of press releases, this latest round of financing is a signal that the company believes there's a heck of a lot more in the ground than what they had budgeted for in the first place.

There's a 5km distance between the "Vault" deposit (the largest of the open pits) to the others in the immediate vicinity. It looks has thought they might be able to close the distance between these which would make this project much more economical.

Regards
Frank P.



To: waverider who wrote (13100)5/23/2002 4:06:27 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 36161
 
Shhhh! I posted that I hope so ;o)