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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (16)1/12/1998 2:53:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 186
 
Hello Fix

***OFF TOPIC***

I am only mildly more optimistic about Greenland's potential than I am about Alberta's. All my reading tells me that both plays are unlikely to contain economic pipes as both are very close to tectonically active areas. Undisturbed cratons are where the world's economic deposits are found.

Certainly Platinova's land position is large and that should increase the odds, but if I have to put my faith in any play over there, (and I don't) it would be in Chuck Fipke and Mountain Minerals.

Except Monopros, none of the other players have actually found pipes on virgin ground. Even Aber found their pipes by virtue of claiming ground scouted out by Chris Jennings of SUF and much of their exploration success since is attributable to Kennecott's exploration staff and specifically the gentleman now running GMD's and Montecello's exploration programs.

Having said that, Ira was heavily involved in Aber's success, but despite her considerable abilities, she is a relatively young women with limited experience. Its one thing to find pipes with classic geophysical signatures when your handed a piece of land and shown where to look, its something else to find a needle in a hay stack like Chuck Fipke and Chris Jennings did.

If you have to pick a long shot, pick a horse with an experienced jockey who knows how to win.

THe GMD geochemistry by the way is outstanding with high percentages of course G-10's.

Regards