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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (19416)11/10/2004 12:16:07 PM
From: jpthoma1  Read Replies (1) | Respond to of 312405
 
I had a look at the PR, but not the web site nor the specific project.

As you said, this is an old project and some underground development was done in the past. Not clear if the actual drilling is done to confirm (43-101) the actual resources or to increase it. Anaconda is earning an interest(not yet its property). Finally, high grade, but not uniform grade or intersections (need costly tight drilling grid). Also, I really dont like that sentence: «True thicknesses for the holes listed above are difficult to estimate at this time and will require additional drilling before an accurate determination can be made». This deposit seems to be very irregular.

VIA has a 100% interest. High grade too and more continuous intersections. Unlimited potential for extension, thicker and quite uniform deposit.

I would say «Potential» is the main difference between the two projects. Still unlimited on VIA.

JP