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


To: Proud Deplorable who wrote (25682)12/18/2003 2:49:16 AM
From: E. Charters  Read Replies (1) | Respond to of 39344
 
There is going to be some move to prove up the resource for mining, In My Very Humble Opinion. (IMVHO) This puts it on a slow, but respectable track of value building which is typical of the group that has it historically. Some would complain that Whitestar hung fire for far too long with question marks attached to it, but subsequent drilling did nothing to improve it. On the other hand, this resource is visible from the surface more or less and is reported by a reliable estimator to be very long and as we know, wide. Grade is good. The renewed interest in copper sources, proximity to tidewater development in the NWT and the good width/grade for open pit, make it more probable that development is not far off. This leaves it up to the efforts of the driller/promoter to build value.

EC<:-}