SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Maracote International Resources (VSE: MCE) -- Ignore unavailable to you. Want to Upgrade?


To: chevalier who wrote (224)2/17/1999 3:06:00 PM
From: m jensen  Respond to of 339
 
Ari, they are on hole 11 or have completed hole 11, on the Quilca Breccia, also the other drill on Llamakensa has presently stopped drilling while they assess the results to date before resuming.

I believe he said it was a hand drill on the Llamakensa 75 mtr. depth at best.

Mike



To: chevalier who wrote (224)2/27/1999 1:57:00 PM
From: brian krause  Respond to of 339
 
Ari, on Thursday morning I called Doug in IR to see if things were going as planned in Peru. I don't normally call IR and I don't usually average down either. I was trying to decide whether to get out or do the unusual. I put in a bid at .45 after our conversation and was upset when the sells stopped at .46 and I missed what I feel would have been a heck of a deal.

Apparently MCE is still drilling with one drill and the other is waiting on the property for results before continuing. I am assuming that the drill still working is on the Quilca Breccia. The available cores have been sent to the lab and results will be out soon, possibly this next week or the following. Doug was not sure of the number of holes sent to the lab but should be seven to ten.

In my conversation I was not trying to get facts as much as a feeling for what was going on. I am satisfied with things. If any have questions I would recommend they call Doug.

Regards

bk