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Message: Midday Alert - Spot Price Gold Update

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leodor

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Borthwick Lake/Favourable Lake activity . . .

in response to Midday Alert - Spot Price Gold Update by AGORACOM

posted on Dec 18, 07 07:33AM

I had mentioned in one of my previous posts that Anaconda which trades on TSX owned the previous producing gold mine at Borthwick Lake. Their claims being adjacent to Shoreham's Setting Net Lake Moly claims. This area of N/W Ontario being referred to as the Favourable Lake area where SMH also has silver claims as well as Uranium claims. The Borthwick claims have officially been optioned out to Merc International MRK thru an ammended option agreement. MRK now has 100 percent by paying $95,000. cash and 1.6 M shares of MRK treasure shares. I believe there area a number of shafts at Borthwick, a fairly large camp, and was a gold producer some 30-40 years ago. I mention this activity as we are no doubt going to be hearing a lot more on the Favourable Lake area. Moly, silver, Uranium and gold in abundance. See Kitco news today on MRK. Merry Xmas to all. Leodor.

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