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Gold/Mining/Energy : Century Mining Corporation -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (172)	7/27/2006 12:20:07 PM
From: longjonsilvers	Respond to of 545

so lets see here, we have 4 properties in peru, three of which have been drilled to 43-101 compliant standards (or almost) and only one (golden champune) which needs extensive drilling. hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm what junior can say that? heh heh in other words, we have 3 good chances for a major homerun in the next several months as the data is reinterpreted/analyzed by competent engineers. one of which was coveted by a major but snookered out of it by the golden girl. NOW does anyone see why this makes up 25% of my pf? heh heh hi ho hi ho its off to work we go jon

To: John McCarthy who wrote (172)	7/31/2006 3:41:57 PM
From: HotnSpicy	Read Replies (2) \| Respond to of 545

John Yes, not much work needed on San Juan to upgrade the historical 1.23MM oz. GC, if it's as big as those historical numbers indicate, will take a ton of drilling to get proved up, simply due to size of the deposit. If I recall, Barrick drilled up their entire Lagunas Norte heap leach (9MM oz) in about a year (very quick) after the initial discovery and then took another year and a half to get into production. So GC is not something that will likely get into production any time soon, especially since they don't have Barrick's bank roll and the industry is running full tilt now. Those 43-101 compliant documents on Erika and SC are intriguing. But at the same time, it's curious that they haven't been released. To me, if they were really good, whomever they bought the data from, would have likely picked off San Juan a long time ago, paying what ever they had to. So, I expect the documents to be less than stellar, but good enough to warrant more work. Just my read on them. CMM said they didn't know enough about Erika or SC to make an informed decision whether to JV them or not. (Don't want to JV away a nice deposit, simply due to a lack of knowing what the potential may be). I presume the 43-101 info will allow them to make an informed decision. And that may be why there is a 3 day BOD meeting. Something has to be up to take that long to discuss. Nothing in Q2 results would indicate needing to spend that amount of time reviewing things imo.