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Gold/Mining/Energy : Barramundi Gold -- Ignore unavailable to you. Want to Upgrade?


To: zebity who wrote (20)5/17/1999 1:34:00 PM
From: Ross Orr  Respond to of 99
 
BAM will release drill results in bunches. It will take 10 days to drill 10, 30 meter holes. Allow 2 days for logging and cutting, 2 days for transport to the lab, 7 days for assaying, another 7 for check assaying and 2 days for compilation. This is about 4 weeks in total but we shouldn't forget Mr. Murphy and his famous law, so it should be 5 weeks from spudding the first hole.

Ross



To: zebity who wrote (20)5/28/1999 9:11:00 AM
From: Ross Orr  Respond to of 99
 
As per yesterdays announcement, BAM started drilling the Swede's pit area to obtain better understanding of geology for next year's bulk sample. Even with US$250 gold company should turn a profit of $Cdn 3.0 mill. Not bad for a bulk sample. The real story lies in the anomaly which sits at 100 meters depth. Bob's view is that this could be the engine that feeds the gold to the quartz veins. Sounds a lot like Pogo. High grade quartz veins at surface with a much larger animal sitting below.

Ross



To: zebity who wrote (20)6/23/1999 9:41:00 AM
From: Ross Orr  Read Replies (1) | Respond to of 99
 
The company has just completed 22 holes at Swede's pit. Results are expected very soon. Drilling will begin on the really sexy anomaly in the first part of July. What a brutal market for small gold companies. Good news falls on deaf ears and bad news gets front page headlines. Hopefully we will get good news and people will stand up and take notice.

Ross