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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 (62596)12/22/2008 9:44:13 PM
From: tyc:>  Respond to of 78419
 
Thanks for your reply. They are both good stocks and my bet is that LSG will outperform for a while to restore the balance we saw earlier.
!



To: E. Charters who wrote (62596)12/23/2008 7:24:56 PM
From: tyc:>  Read Replies (2) | Respond to of 78419
 
>>.."LSG seems to have recently rocketed like a few golds that are in production or pre production. This seems to be solely market focus"

What do you mean, EC ? Don't you think the "market focus" is justified by the drilling results ? They've given me gold fever. Hard to believe that it's all just hype. Here's how the JV partner WTM describes it: (I also provide a link to LC's posting)

"The gold mineralized zone in hole TC08-54 displays a new and distinct style of gold mineralization for the West Timmins area. The new sub-zone shares strong similarities with the classic “Timmins” style of gold mineralization associated with the multi-million ounce McIntyre and Dome mines, both of which have been mined to vertical depths of over 1,500 metres in the heart of the Timmins gold camp. Timmins is one of the world’s great gold camps – preparing to mark its 100th anniversary of continuous high-grade gold production.

Geological Details

"The high-grade intercept in hole TC08-54 displays a distinct style of gold mineralization, being hosted within a feldspar porphyritic syenite intrusion, which indicates that it could represent the upper portion of a new gold trend sub-parallel to the Rusk Zone. This new sub-zone is associated with anomalous molybdenum and tungsten mineralization, a characteristic shared by several of the larger gold deposits in the Timmins gold camp". EOQ

(Drilling of this "porphyry zone" assayed:

26.5m of 5.9gt

incl 10.4m of 11.2gt
incl 3.0m of 25.99 gt

Message 25256441