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


To: Claude Cormier who wrote (66905)8/27/2009 8:48:39 PM
From: czechmate  Read Replies (1) | Respond to of 78411
 
Claude......what put you on the LYD trail? Initially I had a boo at it because of Marc Henderson and Peter Mullens involvement with the company,albeit as background shadow figures simply as directors but I believe both are actively involved in day to day operations and planning going forward and you can be sure they got Newmont involved etc.They have 14,000 metres of drilling planned this year on their Armenian gold play,have deliniated a 1 mil oz resource thus far and comparing it to EAS,they appear to be further advanced than EAS and to my way of thinking much less political risk.Those long intercepts they have drilled add up to a large system IMO in the works albeit it is early still in the saga.However,the next holes reported,if anywhere near the last NR will propel LYD in excess of 1.00 in my estimation. Comments?