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Gold/Mining/Energy : Anatolia Minerals Development Ltd V.YMC.U -- Ignore unavailable to you. Want to Upgrade?


To: menanna who wrote (399)9/10/2003 4:44:54 PM
From: GeoDude  Read Replies (1) | Respond to of 468
 
"The first diamond core hole, drilled at the northwest edge of the deposit, intersected disseminated and stockwork chalcocite, covellite, bornite, chalcopyrite and pyrite beginning at 13.5 meters. Enriched copper mineralization continued to 68.5 meters. Primary mineralization, mainly disseminated and veinlet chalcopyrite, pyrite and molybdenite, continued to the bottom of the hole at 594 meters, beyond which the rig on site could not penetrate. Preliminary results are very encouraging, averaging 0.4% copper, 0.14 grams gold per tonne and 0.004% molybdenum from 13.5 to 594 meters. Severe core loss in the chalcocite zone and incomplete digestion of samples prior to assay may have caused a significant understatement of values and are being reviewed."

WOW nice discovery hole. Drilled at the edge of the deposit ... Severe core loss in the chalcocite zone ... Terminated in ore ... GIANT open pit ... Political risk in Turkey going down ...

This stock is severely UNDERVALUED IMHO ... Right Bruce?

LIA

Grub post 400 :-)



To: menanna who wrote (399)9/10/2003 5:46:37 PM
From: TrueScouse  Read Replies (2) | Respond to of 468
 
Hi Anna:

Thanks for posting the PR. I didn't see it over here when I posted on the PBMI thread...

Message 19292040

I agree with LIA... it's *severely* under-valued IMO and one of these days is going to break out to the upside big time!
There's nothing better than having one of the majors doing the exploration for you. 600 metre drillholes are expensive (!!) -- and unaffordable for many juniors. Richard Moores reminds me a bit of Randy Reifel (sp?) of Francisco and now CKG fame -- very careful with his money but gradually building something potentially huge.

I know this is one of your biggest positions. Good choice!

Regards,
Howy



To: menanna who wrote (399)9/11/2003 7:36:07 PM
From: Bruce Robbins  Respond to of 468
 
Excellent!