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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (463)6/4/1999 7:54:00 AM
From: Dan P  Read Replies (2) | Respond to of 1239
 
It is interesting that the previously created gap on May 28
was almost totally closed with yesterday's trading range.
So, if we can get some confirmation of the anticipated grades
(including, especially, some significant intercepts and grades
of PGE metals), this stock could resume a significant uptrend.

Regards

Dan



To: Claude Cormier who wrote (463)6/4/1999 11:25:00 AM
From: Elizabeth Andrews  Respond to of 1239
 
One report says that the West Zone, drilled by Inco, has an average thickness of about 3 meters. If that is true, then I think the grade is going to have to be awfully good to make this economically attractive.



To: Claude Cormier who wrote (463)6/4/1999 11:55:00 AM
From: Iditarod  Read Replies (1) | Respond to of 1239
 
I agree with your comments re: grades. That's what makes plays like Ferguson Lake so exciting, and what we are all waiting for right now!

The tonnages certainly appear to be there. Now its just a matter of seeing how rich the cores are. I think there's a lot of us who are particularly interested in seeing how much platinum and palladium there is in the initial holes.

Some rich Ni + Cu + Co grades over good widths would be real nice to see - even better if there are some zones of strong Pt + Pd values.

I think we might see the SRU / Ferguson Lake story play out like IMZ's Bajo de la Alumbrera (Argentina) deposit did a few years back. Everyone recognized at the outset that the ore tonnages were world-class, and it became a matter of drilling off the deposit and outlining enough by-product (co-product?) gold to make Alumbrera a mine.

It's early in the game. I'll be looking forward to more news from SRU over the next few weeks!

Regards,

Iditarod