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


To: TheSlowLane who wrote (3744)12/29/2005 9:11:58 AM
From: ogi  Read Replies (1) | Respond to of 78416
 
Hi T.S.L.:

Interesting comment from McCluskey that you paraphrase:

"Also interesting were his comments regarding exploration. He indicated that majors, when shopping for juniors, are not interested in single deposits. They are looking for districts. They are looking for acquistions not with a 10-year mine life, but with significant exploration potential."

The one stock I hold that flawlessly fits this description is Guy.t and I do know some of the majors already have Guy's drill data in their computer models. Patrick Sheridan jr. has told me that they are not just drilling off a deposit but exploring a new gold district. Just thought the correlation to your observation was relevant.

Cheers,
Ogi



To: TheSlowLane who wrote (3744)12/29/2005 11:55:26 AM
From: ralfph  Read Replies (2) | Respond to of 78416
 
Thanks for the update on AGI Paul. Next stop 11.25 ? You have to hand it to old Chester Miller for getting this mine going.

Bruce