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Gold/Mining/Energy : Queenstake Resources (QTR.T) -- Ignore unavailable to you. Want to Upgrade?


To: kevin joseph who wrote (1645)1/4/1999 7:25:00 PM
From: charred  Read Replies (2) | Respond to of 2249
 
Kevin, I am a geologist. The results are not screaming but the system has gold in it. The rocks are similar age and composition as the Piernia rocks however in Peru, all the big gold mines are hosted in the Calipuy Volcanics north of Lima. This property is located in the south in a different geological formation. Not many big discoveries in the south. The only one that comes to mind is the Porcata Property jointly owned by Teck and Southwestern gold. I would prefer Newcrest to give the property back and let another company drill it. I don't like Newcrest, very cheap.

The Barrick property is the one to watch. The other in Mexico, well let's wait and see.