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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 (8769)4/2/2006 9:17:05 PM
From: E. Charters  Read Replies (1) | Respond to of 78416
 
I don't know the Sheridan story like you do. I have spoken with Pat Sheridan jr. on a couple of occasions. Naturally he wants to maximize returns, given that I got the impression he would happily sell to a major providing the offer is satisfatory, absent a sufficient offer he would develop Aurora himself.

(They always say that. They don't do that)

They have not even undertaken a 43-101 calculation but all the drill data is going to those with confidetiality agreements.


(Doesn't seem fair.)

I must assume those miners can easily model the deposit and calculate the ounces represented by the cores.

(I wouldn't say its easy, but yes, they have the means)

Don't think you can go to feasibility without a resource calculation but you can get bought out, especially with a completed preliminary environmental impact completed.

(If they have an envi impact, then they have a resource)

If I am not mistaken Guy.t is more P.S Jr's baby than his father's and may represent a change in strategy from past situations.

(Maybe but apples generally fall near the tree.)

To my knowledge there has been little modern exploration in Guyana.

(Not so. There has been lots. There always could be lots more, but Guyana has been the focus of gold exporation since 1900. A company I worked for was worked on a property down there. It later became the Omai Mine.)

Lots and lots of artisanal production, lots of previous porknocker work on Guy's property which is not far from Venezuela's Kilometer 88 gold district.

(That there is.)

Appreciate your thoughts, Guy is still a big win from here in either a take over or a development scenario.

(You could make more money on a dev scen than a take.)

EC<:-}



To: ogi who wrote (8769)4/24/2006 3:22:36 PM
From: regli  Read Replies (1) | Respond to of 78416
 
Well Ogi, GUY is really rumbling today. Did you hear the Embry interview on RobTV where he talked about a "major" telling him that GUY may have a possible 15 million ounces? I think we are seeing the reaction to that.