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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Step1 who wrote (11679)	5/30/2003 10:47:44 AM
From: E. Charters	Read Replies (1) \| Respond to of 39344

My opinion is they don't have anything mineable there. To mine 3 grams underground you would need loads of the stuff, like 10 million tons to support a mill. If they are talking open pit stuff that is heap leachable they still need lots and lots of tons. I note this stuff is shallow. We don't know what they are looking at metallurgically here, so it is idle speculation. You need about 100,000 ounces for a small near surface rip and heap leach mine. That is 1.7 million tons. At 150 feet deep, and ten feet wide, that is 13,000 feet long. Maybe that is not what they can prove, or are trying to prove, but the announcement itself does not let us know anything regarding their target development. EC<:-}

To: Step1 who wrote (11679)	5/31/2003 12:49:26 AM
From: Elizabeth Andrews	Respond to of 39344

Okay it's time for Step 2. Any company that reports in width in feet and grade in grams is trying to embellish the unembellishable. No serious speculator is going to pay any attention to this and the board of NDT should do a quick review of itself.

To: Step1 who wrote (11679)	6/1/2003 3:09:27 AM
From: E. Charters	Respond to of 39344

This is a better picture of their drilling. I guess they did feet because that is how people measure in the US, but grams/metric tonne were how the assay labs report. As some how these announcements are for CDN investors only and must be 43-101 compliant. This means changes to the assay results cannot be made by anyone, even in the case of conversions. Drill hole id from to length gtlen gs/au gs/ag oz/Au oz/Ag AuEQ AuEq.gr CC-2 45 54 9 9 2.75 72 0.08 2.09 0.106 0.106 CC-3 54 63 9 9 1.83 75 0.053 2.19 0.080 0.08 CC-4 21 24 3 1.64 0.047 0.047 and 96 102 6 6 2.62 50 0.076 1.46 0.094 0.094 CC-5 39 42 3 2.3 35 0.067 1.02 0.080 and 129 132 6 6 1.66 66 0.048 1.92 0.072 0.072 CC-7 21 27 6 6 2.72 45 0.079 1.31 0.095 0.095 and 45 60 15 15 2.78 64 0.081 1.86 0.104 0.104 CC-8 54 60 6 6 1.6 40 0.046 1.16 0.061 0.061 and 99 102 3 4.42 112 0.129 3.26 0.170 CC-9 63 69 6 6 3.12 92 0.091 2.68 0.125 0.125 and 72 75 3 1.64 68 0.047 1.98 0.072 and 81 84 3 3.7 59 0.108 1.72 0.130 and 93 96 3 1.13 0.033 0.033 CC-10 42 45 3 1.01 0.029 0.029 and 78 84 6 6 2.31 54 0.067 1.57 0.087 0.087 and 99 111 12 12 1.8 38 0.052 1.11 0.066 0.066 and 117 120 3 1.72 36 0.05 1.05 0.063 CC-11 42 51 9 9 1.43 61 0.042 1.79 0.064 0.064 and 84 87 3 1.49 42 0.043 1.22 0.058 CC-12 72 78 6 6 1.79 0.052 0.052 0.052 and 87 99 12 12 3.13 114 0.091 3.32 0.133 0.133 CC-13 21 27 6 6 1.32 0.038 0.038 0.036 and 66 72 6 6 1.49 60 0.043 1.75 0.065 0.065 average 6.125 8.000 2.142 62.263 0.062 1.814 0.080 0.083 EC<:-}