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

To: jrhana who wrote (433)	2/10/2003 6:41:03 PM
From: TrueScouse	Read Replies (2) \| Respond to of 585

jrhana: If I hadn't bought more SWG at $12 the other day, I'd have been buying more at $10.50 today! It's ironic that I sold a lot and took profits at lower prices than this, but it's sold off so much from the peak, I think it's a fair risk again. In addition to the outstanding prospects in China, this new silver discovery in Peru sounds very promising. The previous (Nov 4,'02) PR stated that they had taken 329 channel samples at Cerro Crespo and they averaged 188 gpt Ag and 0.46 gpt Au, which is about 2.9 gpt AuE. Today's PR is talking about a whole new (much bigger) "high-grade" silver zone 1 kilometer away... <<This new silver zone has been traced for 1.4 kilometres in an east-west direction and 600 metres in a north-south direction. High grade silver±gold mineralization at Liam is associated with high sulphidation alteration within a diatreme breccia complex. Detailed sampling on Cerro Crespo has shown that this zone has the potential to be a bulk mineable silver prospect and with the discovery of the new Northern Zone, the potential (for greater tonnage) has increased dramatically.>> We don't have much information yet, but I like words like "dramatically" in my PRs!! SWG certainly has some interesting projects. Regards, Howy