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Message: Heard that a new ground geophysics technology is being considered at Eagle 1

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Re: Heard that a new ground geophysics technology is being considered at Eagle 1

posted on Jan 25, 09 11:55AM

Thanks for this Lar......I didn't know FNX was using this technology at Levack.

I may be green on this site but i don't understand why everyone is so sure that the new BOD is planning to sell us out. Yes Rosseau is a hedge fund but it stands to reason that they too would stand to gain if they get good value and wait for the true reserves to be deliniated. Are we not being unfair by ASSUMING the worst. We all know what ASSUME stands for, don't we?

If it is true that NOT is useing this technology this should reduce the burn rate by targetting future drilling at more likely targets. This seems to be the sensible thing to do.

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