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

To: Miner who wrote (186)	2/20/2003 4:53:01 PM
From: Enigma	Respond to of 470

I think they tried to bite off too much which maybe we should chalk up to inexperience. Almost 1/3 of the issued capital and they might have lost some control into the bargain. The rationale seemed to be to go for a large financing when the POG was high whereas surely it should always be when the price of the stock is high? It seems to have worked out just right however and, who knows, they might not have done so well if they'd gone for $5 million. So now we can focus on drilling results? Still cold up in Red Lake so there should be plenty of drilling through the ice until at least the end of March.

To: Miner who wrote (186)	2/23/2003 4:52:58 PM
From: Joey Two-Cents	Respond to of 470

Hi John, This from Anglos site. This was from Anglos presentation this past friday (2/21/03). Slides 18,19 and 20 deal with Rivard. Just click on those #'s on the left hand side. anglogold.com

To: Miner who wrote (186)	3/4/2003 9:50:10 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 470

, "Rubicon will be drilling well over 70,000 feet in Red Lake over the next two months alone and is well-funded to follow up on any successful results with additional 2003 drill programs" The projects currently being drilled are: * The McFinley Gold Project - approximately 33,000 feet of drilling using three rigs planned to be before the end of March, 2003. * RLJV targets - funded by AngloGold - approximately 35,000 feet of drilling with 5-6 rigs planned for completion before end of April, 2004. * The McCuaig JV Gold Project - approximately 6,000 feet of drilling utilizing one rig with potential follow-up. biz.yahoo.com