To: findstock who wrote (5492 ) 8/17/1998 1:42:00 PM From: the Chief Respond to of 25548
my question is this, is this required NOW after Gordon has spent all this time on the property?. The answer is YES. As I have said before the report you rely on is a "geophysical" description of the property. This is the preliminary/initial stage of identifying structure. Targets will now be identified. where did this info come from As I have said before "I do this for a living!! " This is part of Due Dilligence (DD)when researching a stock! 80% of the MINE thread haven't a clue what the associated costs are to determine viability of a 6.4mm deposit of placer!! I spend 9 freakin hours a day researching this crap, it occassionally makes me nauseaous, as it does others. Would you like to know how much a drill rig using HQ or NQ drilling costs, to drill a property in Venezuela mile 88, how about Bolivia or Peru maybe even Argentina, Timmins Ontario, Buffalo Craton Alberta or maybe the Battle Mountain trend(naw that ones to easy) I am not gloating, but nobody really, really wants to do DD, they just want to get rich,!! They spout off "I've done my DD! I ask a few basic questions and the majority of threads go silent!! I try playing devil's advocate and ask pointed questions and people leave the "1-800" number for me to call! I know the majority of the answers to the questions I pose! I just don't like giving my hard earned DD away without somebody telling me something I don't know!!!being that MDIN needs to drill and spend this kind of money to finally see what they have, because if this is so, and we wouldn't know until November that is going to really cause me some great concern here Were you not aware that this is the process that every company follows? Without sounding arrogant,....what did you think was going to happen? Just curious, no conclusions drawn! the Chief