Significant gold resource - Excellent infrastructure
Camino Rojo Mexico : In-situ - 4.0 million ounces gold; 68.32 million ounces of silver.
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Message: Goldcorp Matches Fresnillo/Newmont Bid-That didn't take long

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Re: Goldcorp Matches Fresnillo/Newmont Bid-That didn't take long

in response to Re: Goldcorp Matches Fresnillo/Newmont Bid-That didn't take long by keapman
posted on Dec 26, 09 02:07PM

Fresnillo is the logical one IMO. If one looks at the Canplats Block Model, the high-grade zone's updip trend leads right on to the Fresnillo property to the north. A nice portion of the Represa deposit is on Fresnillo ground. Any winner here must deal with Fresnillo or leave a good portion of the deposit in the north pit wall. They also are long-time locals and Mexicans (Newmont is a minority holder of Penmont). They might have the best chance to get the surface rights issues taken care of IMO.

Let's hope for some "machismo" bidding back and forth. Two giants tugging on the same ground. May the bidding end with us getting north of $6/ share!

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43-101 Resource Estimate -Full Text
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Posted by: jrichm99
On: January 16, 2009
URL: http://www.s...rNo=00005580

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Like Canplats Resources ? Then you might also be interested in McLaren Resources

McLaren Resources
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