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

To: hank2010 who wrote (66537)	7/30/2009 7:58:48 PM
From: Claude Cormier	Respond to of 78410

Hank, Your concerns are clearly justified. Really, very few projects are obvious success from the beginning. The more time that passes, the more we discover. And on most occasion it is not pleasant.

To: hank2010 who wrote (66537)	7/30/2009 8:30:29 PM
From: loantech	1 Recommendation Respond to of 78410

Hello Hank, I think you are doing well as I am no longer young but still naive. I always appreciate your postings. Tom

To: hank2010 who wrote (66537)	7/30/2009 11:06:01 PM
From: ogi	Respond to of 78410

Hank: No doubt your concerns re EAS are justified and you have the better knowledge than I, but I don't share the extent of your concerns. When I saw the trench samples they struck me as unreal and likely to be sampling hyperbole, shall we say. However, I have learned from someone close that the first company to drill this missed the orientation of the emplacement. EAS is now drilling based on their interpretation of what produced the upper tabular zone of low grade established by the previous owner. The super high grade samples are 1200 m below the known resource( as I understand it, but can't find proof yet)so to my simple mind this week's results may indeed be a confirmation that they now know the model better, rather than opportunistic drilling. There do appear to be higher grade feeders. The amazing trenches have not been drilled. So the idea there are feeder structures responsible for the low grade tabular zone makes ever more sense to me now. The average sample is 1.2 g/t: <<<<E9 Miwah 85% EAS Historic drill indicated potential for +100 Mt @ 1.2 g/t gold. Expected grade upside with better oriented drill direction. EAS 2008: 2,413 sawn rock channel samples average 1.2 g/t gold. Drilling planned to begin Q2 2009.>>>> Eas has been quite forthright on the orientation and I believe this was before the super high grade south bluff trenches were sampled: <<In 1997, 3,000 metres in eleven holes were drilled by a previous explorer and the potential for 100 Mt at 1.2 g/t gold was suggested. All holes drilled during this program intersected significant alteration and mineralization with intercepts including 71 metres of 1.4 g/t/ Au. A review of this data indicates drilling was clearly parallel to +5 g/t gold structures at surface and hence significantly higher overall grades are anticipated from better-oriented drill holes.>> I am in and holding. Cheers, Ogi