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

To: sageyrain who wrote (17712)	8/7/2006 7:28:19 AM
From: John McCarthy	Read Replies (1) \| Respond to of 78416

sage, that was excellent .... lets test me to see if I know how to read, ok? they fundamentally have two working properties: (1) *Rory's Knoll is of very limited horizontal extent; it has a near vertical oriented pipe-like shape that limits the amount of the body that could be mined by open pit. I don't know if the deeper parts of the pipe carry enough grade to block cave underground. (intercepts of 1.5 to 5 g/t Au). (2) -Peters, Guyana. Non 43-101 estimate of 600,000 ozs Au in oxide zones. Application for mining permit, 1000 tpd heap leach operation. More resource delineation work needed (mostly drilling) between the two - what they appear to have: assigning a highly speculative 1,000,000 ounce resource between Peters and Aurora projects, using $75/oz in situ value gives a share value of 1.33 using fully diluted scenario regards, John