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


To: TheSlowLane who wrote (31462)7/21/2003 5:10:15 PM
From: jimsioi  Respond to of 36161
 
Thanks Paul, I'll catch the replay....

Have to run.....I'll save it for dessert....



To: TheSlowLane who wrote (31462)7/21/2003 5:19:02 PM
From: TrueScouse  Read Replies (1) | Respond to of 36161
 
Paul:

Re IVN call....

That Friedland is a real smoothy! :^) But it was a fascinating call, and unless they're completely bull-****ing, this looks to be turning into a massive and profitable deposit.

Their focus on drilling at depth in the high grade portion of the Far North deposit over the next 2 to 4 months could produce some exciting results. And the scoping study could show some *very* robust economics if the figures Friedland was quoting around raw materials, power supply and wage costs are correct.

I'll be holding this one for a while no matter how the market reacts in the short term.

Regards,
Howy