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

To: WalterWhite who wrote (54197)	12/13/2007 5:33:28 PM
From: ogi	Respond to of 78408

Thanks for the update Globe. Rosebud already had holes before Flagstaff was drilled, not sure when assays from either are due. Spoke with CEO briefly last week. They are working hard to see if the Barite from WA. is marketable.It is not a distraction IMO, could be a nice bonus. One I was hoping for by now, however, once out of the ground it has to be upgraded before going to market. If amenable to less expensive process to get the desired grade it will be gravy for KEX. If more expensive process needed the picture not clear. They are working on it and I got the impression he felt progress was positive, possible news in January. The Flagstaff core is mineralized because it is pregnant with Barite throughout and CEO told me they do not know what mineral assemblage is carrying the Precious Metals. He is clearly happy with the cores, but assays tell the story. They needed to get this drill info so they could plan next work programs as no drilling is reasonable during winter there. Nothing wrong with increasing the land position today, I like that. I did not get a clear answer on assays from Rosebud, because I mentioned that I would have thought they would only start drilling again after getting assays from the first holes. It appears they have done that, so, confident?? The Bentonite deposit, 2 mil tons? is at on the Ivanhoe Creek property. Again, they are working quietly and diligently to asses the possible sale or benefit of this deposit. Senator the JV partner there will not be drilling again til spring. He was a bit less concise on the Geology of that deposit and its future, Senator has more info on it. I was encouraged but not relieved by my chat. Cannot determine if we will be beautifully surprised soon, or if we need more patience for all this to play out. I am holding Cheers, Ogi

To: WalterWhite who wrote (54197)	12/13/2007 11:35:58 PM
From: sunny1	Read Replies (1) \| Respond to of 78408

What did they have to say on the first 3 holes drilled at Rosebud - nothing coming out of the Labs or duds ? The drill returned to Rosebud a couple of weeks ago after their short drill season at Flagstaff