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


To: E. Charters who wrote (41022)5/24/2007 9:38:19 PM
From: LoneClone  Read Replies (1) | Respond to of 78421
 
I'm getting to like Sherwood more and more -- I just wish I had noticed it earlier so I could have loaded up cheaper. You're not going to get a 10-bagger here, but a double or triple should be a piece of cake unless it gets taken out too soon.

Last year's drilling of Area 2 doubled the size of the minable area and today's announcement confirms that it and the main deposit are linked. They'll be drilling a bunch of nearby deposits this summer, and if they are really lucky these ones might be linked to the main deposits as well.

I have also been very impressed with management so far. There has only been one misstep, when negotiations for grid power fell through, but within two weeks, a better contract was signed. The float is also very low for a project that starts production in a few weeks, even with the debentures.

"Stephen P. Quin, P.Geo., President, CEO & Director
Mr. Quin joined the management of Sherwood Copper in September 2005 after five years as a director. During 2005, he co-lead the due diligence, acquisition and financing of the Minto Project for Sherwood Copper. Since joining Sherwood, Mr. Quin has led the exploration, feasibility, permitting, financing and development activities at the Minto Project. He was previously an Executive Vice President of Miramar Mining Corporation, a TSX listed gold producer and explorer focused on gold in the Canadian North. Mr. Quin is a graduate of the Royal School of Mines, London, with a B.Sc. (Hons) in Mining Geology and has 25 years experience in exploration, corporate development and general corporate affairs. He was the Miramar executive responsible for the acquisition and exploration of the Hope Bay Project. Mr. Quin was also Executive Vice President of Northern Orion Exploration, and was the executive responsible for the acquisition and exploration of the giant Agua Rica project in Argentina. Mr. Quin is a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of BC, a Fellow of the Geologic Association of Canada and the Society of Economic Geologists, and a member of the Canadian Institute of Mining & Metallurgy and the Society of the Institution of Mining and Metallurgy (UK). Mr. Quin is a member of the board of directors of Mercator Minerals Ltd., American Gold Capital, Rare Element Resources Ltd., Maximus Ventures and Kimber Resources."