To: hank2010 who wrote (38739 ) 4/25/2007 2:39:25 AM From: marcos Respond to lwc.v - these may be the Kaiser comments i heard about, from his blog via stockhouse, talks about gxm.v too - Message 23490166 ... Leeward's Davis is quite confident he can deliver lots of tonnage at Nithi Mountain if he uses a 0.02% Mo cutoff, and is optimistic that he can improve the grade. Best of all, any ore Leeward develops at Nithi Mountain will be near surface and have a much lower stripping cost than required by the ore still in the ground at Endako. In other words, while retail adopted Leeward at $0.10 in the hopes that Gamma West would turn into an Endako scale discovery that takes the stock to $10 and beyond, institutional money is now climbing on board with the expectation that delineation drilling will outline a resource worth several hundred million dollars which may attract an offer at $2 or better from Blue Pearl once a 43-101 resource calculation is available. Leeward will have two drills working by mid May, one drilling the Gamma zone on 50 metre centres to delineate a "consolation prize" which may attract a buyout from Blue Pearl, and the other probing the Gamma West target in the hope of revealing a world class molybdenum deposit which justifies development on a standalone basis. We won't know the end of the Gamma delineation story for at least another year, and while we may know the good or bad news about Gamma West by this summer, at prices below $2 the Gamma West news is irrelevant. 'Message 23489407
