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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?


To: UPTICK who wrote (363)3/18/1998 8:39:00 PM
From: Ed Pakstas  Respond to of 1707
 
Claude... Teck did the drilling and Teck called for the PEM's... I do believe that the PEM's are conducted after the hole is drilled... Check the date on the report...

members.xoom.com

...ed



To: UPTICK who wrote (363)3/19/1998 8:42:00 AM
From: 1king  Read Replies (1) | Respond to of 1707
 
Claude,

I am not sure what you don't understand, the electrical or the second post. I assume it is the second post.

Ed answered the first part as I was not indicating a lack of communication. All parties seem to work together quite well.

"If the goods are there they will hit it."
Wow, if it was that easy we would all be millionaires and exploration would cost a dime a day! Having the ground does not mean the ore will come and bite you in the ass, it is a very complex process. Only one or two of the infinite exploration approaches will succeed and the market will get bored with inconsistent results generated, quite honestly, mostly by luck.

However the more important factor to us shareholders is how and when the ore is hit. The market needs a specific type and timing of hit to get excited and make us money. This is a empirical observation of the past four years of Labrador press releases.

For example:
1)DFR announces a massive 119m intersection of ore and the stock drops $1.15
2)Cartaway announces an "iffy" intersection and the stock soars several thousand percent.
3)Donner announces a 15m intersection of nearly 2% combined and the market could care less.

I am sure this will be an exciting spring for some and not for others as focus may begin to shift from one property to another.

However, this market roll-back is presenting us with some good deals.

1King