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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (2850)1/7/2005 11:57:30 AM
From: loantech  Read Replies (1) | Respond to of 18308
 
I have not but it looks like it is moving up quite nicely.



To: goldsheet who wrote (2850)1/7/2005 12:35:01 PM
From: ogi  Respond to of 18308
 
Don't follow it closely Bob but have had it on my watch list for a couple of years. One of the best exploration teams anywhere having found Veladero and Alumbrera. Lead property Vicuna showed 300 metre intercepts of copper gold porphyry now joint ventured to a Japanese co. with a $5 mil commitment and the probability that there is a huge extension to known areas of the deposit.
Huge suite of other Argentinian properties, one, another CU/AU porphyry with 300 metre intercepts and still in mineralization, several other AU/AG properties in So. Argentina with strong surface showings. Lots of cash too.

The wildcard kicker is the Tenke Fungurume Copper Cobalt deposit in the Congo, 547 million tons of 3.5% copper and .27 cobalt. The political risk in that deposit kept me at a distance while they went out and found success in Argentina which has been their proven winner in the past. Management, Management, Management, I should have known based on their track record.

Cheers,
Ogi