SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Century Mining Corporation -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (120)6/1/2006 9:12:54 AM
From: pstad60  Read Replies (1) | Respond to of 545
 
Replay of Conference Call from yesterday

The conference call that was held yesterday is available for replay until June 7. Well worth a listen. Pretty much the same information as was supplied during the AGM, with a little more updated info regarding the Peru assets.

Sounds to me like the company will be hitting the Golden Champune prospect very quickly with an exploration program commencing immediately. Recall that DMT Deutsche Montan Technologies GmbH has estimated there could be as much as 185 million tonnes grading from 1.5 - 3 gpt on that property, or anywhere from perhaps 10 - 18 million ounces of gold.

I thought the comments Peggy made regarding the Northgate offer for Aurizon were of interest, in that if the parameters of the NGX offer were given the same metrics for CMM's assets, CMM's share price is grossly undervalued in comparison.

Also, there was a great deal of gold "disappearing" from the operations at the San Juan Gold Mine, so Century has shut down operations for a couple weeks, and will implement security measures, and has made agreements all the informal miners, who are still working on the properties, to buy all their ore. This measure alone could boost production fairly rapidly, even before any upgrades to the mill are implemented.

Conference Call Scheduled May 31 2006

centurymining.com

31 May 2006 Investor Conference Call
10:00 AM Pacific Time
USA Toll Free Number: 1-800-779-0712
USA Toll Number: +1-312-470-7109
Passcode: 12567

The Conference Call will be available for replay until 7 June 2006
USA Toll Free Number: 1-800-294-0991
USA Toll Number: +1-402-220-9753