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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (100203)12/2/2007 1:38:57 AM
From: PaperPerson  Respond to of 312951
 
Thanks very much!

You were saying at the end there, "Timmins was a low grade camp, average of 0.15 OPT. Yet it produced 100 million ounces of gold. Think more people would be drilling around there for gold."

I did a quick search and found that Lakeshore Gold is quite active there.
Here is an excerpt from their site at

lsgold.com

"Highly prospective portfolio of properties at various stages of exploration and development five key projects active in the timmins district and a sixth in northern ontario indicated gold mineral resources of 1.29 million ounces grading 12.3 grams per tonne (uncut) inferred gold mineral resources of 207,000 ounces grading 5.8 grams per tonne (uncut) $20 million exploration budget planned for 2007 advanced underground exploration under way at timmins west; pre-feasibility study nearing completion due diligence on bell creek acquisition completed updated resource estimates planned for vogel/schumacher drilling under way at thunder creek second phase drill program planned for blakelock."

Stock tanked from 2.30 down to 1.60 in last few months. may be a good time to look at it.