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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (3213)12/16/2005 8:12:49 AM
From: E. Charters  Read Replies (1) | Respond to of 78420
 
The gold indications in the Phillipines have been around for a long time. Despite the dragged__over_500_feet bulk sample, which I contended with, there was a distinct lack of follow-up with what we have to guess would have been disputative channel samples. Whilst it may appear from the arm waving that there is a large gold deposit there, it it far from a sinecure in that the holes drilled so far are non-existent. So far it is talk.

On the other hand, EXL has some really good holes in an area of undeniable mine potential in Ded Red Lake. While it is too early to say that their luck will equal Goldcorp's, their hit rate for now is very auspicious.

For my money, if I were to follow any play which may have a chance of winning I would bet long geologically on Exall. They are following the down plunge extension of the Cochenour Willans Mine, which used to operate at 0.51 ounces gold per ton. Sounds like a winning combination to me.

EC<:-}