Developing The Highly Acclaimed Coringa Property in Brazil

High Grade Gold Of 28.80 g/t Au, with 95.50 g/t Ag, 3.51% Pb and 0.66% Zn Intersected over 1.0 m at Coringa

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AOL Show

posted on Nov 26, 07 09:21AM

Just checked out the webcast and I was very impressed. The Coringa project seems faily advanced, yet it is perplexing that the share valuation remains so low. I mean, they have conducted IPsurveys and drill programs CONFIRMING 15KM of strike length. Basically, there could be millions upon millions ouces of gold in the confirmed in the ground once an NI43 assesment is complete in '08. Eric said to that they were ahead of schedule with their timetable.

I also like the way Eric compared their valuation with that of Kodiak, which has only 1M confirmed ouces with a 1KM long strike length. It boggles the mind as to why Chapleau hasn't been noticed yet. I'm sure it won't take long to get recognition going forward; I'm accumulated more here.

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