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


To: ogi who wrote (45430)7/23/2007 12:26:19 PM
From: E. Charters  Read Replies (2) | Respond to of 78416
 
Of course every other person who bought shares can sell theirs, but not management. Management needs money too. Asking them to be Monks (Peter Monks?) is a bit much. They don't have a day job otherwise..

The question is, has the stock peaked with all its info out there? Is management right to sell, do they just need the money?

hmmmmmm I agree that wholesale selling is a bad sign.. but for the sake of argument maybe they want to move on and have other Linears.. to throw a non Linear (curve) at you..



To: ogi who wrote (45430)7/23/2007 12:32:11 PM
From: E. Charters  Read Replies (1) | Respond to of 78416
 
Ah! Armstrong.. a fabled city of Xanadu, far off and veddy mysterioso.. along the track du CP, in the swamp, west of Eden.. Obabikum dah la-la.. Gitchi Nipigonia...

I used to prospect "up there". Are the flies Eeeevvvver beeg! Pt up there.. another Pt mine. Lac des Isles of NPA fame is environic.. of Sheridan discovery. Actually found by Knut Kuhner of TBay..

I missed the Moly.. sniff.. waaaahhh!

EC<:-}

LRM:CA 1.41 -0.14

TORONTO, ONTARIO -- July 18, 2007 - Linear Metals Corporation LRM/TSXV announces the start of an initial 4,000 metre drill program at its wholly-owned KM61 molybdenum project. The KM61 project is well located approximately 60 kilometres east of Armstrong, Ontario on an all-weather logging road, and only 12 kilometres from the main CN rail line.

Disseminated and vein-type molybdenum mineralization is hosted by two 1.5 kilometre long, northeast trending, quartz monzonite porphyry dykes and their flanking mafic metavolcanics at KM61. The dikes are closely spaced, measure 100 to 200 metres wide and are extensively quartz stockworked with phyllic and potassic alteration.

The initial 4,000 metre drill program is designed to test both the high grade vein hosted molybdenum targets and the bulk tonnage porphyry molybdenum-copper-silver targets discovered by Noranda and Falconbridge drilling in 2004 and 2005. The highlights of the previous drill program on vein mineralization were intersections of 3.0 metres grading 1.78% molybdenum in hole K-05-8, and 2.9 metres grading 1.41% molybdenum in hole K-05-12. The highlights from drilling in the bulk tonnage porphyry target included 128.8 metres grading 0.058% molybdenum and 0.12% copper in hole K-05-07, and 61.2 metres grading 0.076% molybdenum and 0.19% copper in hole K-05-06 (results for all old drill holes are available on the Linear Metals website).

"We are excited to commence an initial 4000 metre drill program to extend the high-grade Molybdenum veins as well as the bulk-tonnage stockwork molybdenum-copper zones where mineralization remains open for expansion and definition", said Grant Ewing, President and COO.

Linear has been active at KM61 in preparation for the drill program, carrying out trenching, sampling, line cutting for an IP survey, and additional claim staking. The trenching program was carried out to test the system along the indicated strike of the high grade vein structure, and to test several unexplained molybdenum in soil anomalies located approximately 500 metres to the southeast of the known mineralized zones.

Following trenching, Linear began a sampling program of previously unsampled core from the 12 holes drilled by Noranda and Falconbridge. Re-logging shows that core with visible molybdenite was left unsampled, as the primary target mineral was copper at that time. Assay results for the sampled intervals, some measuring as large as 150 metres (drill width), are pending.

Linear Metals plans to host a series of site tours for the investment community over the coming weeks.

The technical information in this press release was prepared under the supervision of Matt Rees, P. Geo, Chief Geologist, a qualified person as defined by National Instrument 43-101. The KM61 drill results were obtained from Noranda, who followed internal drill hole sampling protocols requiring insertion of blanks and standards. Assaying (Cu, Au, Ag) was done by Accurassay in Thunder Bay, ON, and Mo was completed by ALS Chemex in Vancouver, British Columbia.

For further details on Linear Metals Corporation and its KM61 project please visit the Company's website at www.linearmetals.com or contact Terry Christopher, Investor Relations at (902) 422-1421 or within North America at 1-866-546-3272.

Grant Ewing, President

Linear Metals Corporation
Terry Christopher
Investor Relations
(902) 422-1421 or within North America at 1-866-546-3272

linearmetals.com



To: ogi who wrote (45430)7/23/2007 5:46:53 PM
From: LLCF  Read Replies (1) | Respond to of 78416
 
Thanks much for the input!

DAK