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

To: jackjc who wrote (4903)	2/2/2005 6:29:43 AM
From: Bruce Robbins	Read Replies (1) \| Respond to of 18308

Hi Jack, Blast from the past when I read some of the names on the BoD. Certainly they had some nice intersections in the drilling for last year. I do not think they will be in production anytime soon. They have a lot of drilling to do. What is nice is that if they want to get below 2500 feet to see what is happening, they already have a shaft and underground workings to drill from. Much cheaper than surface drilling- definitely an advantage. It is certainly one of the more interesting projects in the region. A little early to say if it is similar to La Ronde. The interesting comparison would be with Lapa. NSM does not seem to have too much cash left- financing planned? I will be watching this one from the sidelines for now, but it could get interesting with more drilling. Thanks for the heads up! B