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Message: Re: Rest Easy--We're in Good Hands
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Oct 05, 2011 04:18PM
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Oct 05, 2011 05:52PM

Hi iced, here is my opinion on your questions.

This will sound repetitive, because I have said it many times, many ways.

We are very near the end game with this property to how much more we can prove up. Most do not realize that the geophysics done on the property only has to be proven by a few holes to establish a gold grade to the colors of the Titan, more or less. The extensive trenching is proofing up a large surface area also that can not be proven anymore after that. Other surface sampling over the rest of the property is proofing the Quantec and that should suffice to a degree.

IMO, all we have to do is drill a couple holes, put the data all together, and this is ready for a major to take it and do their own scoping and feasibilty studies on it to get ready for mining. We have already established metalurgic and bulk sampling which goes a long way in proving this property up. There will be little for a major to do once we PROVE up the anomaly.

IMO, it doesn,t matter if the rest of the property has 10 million ounces on it, if the anomalies contain 100 million ounces. You could spend years trying to prove up another 10 million ounces, what would be the sense, when we have ENOUGH with the anomalies and can most likely sell a 70 million ounce deposits at a good price now, while the POG is up? This will be so huge that most will not worry about trying to prove up a little more, in a sense, it will defeat the purpose.

IMO

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Oct 05, 2011 07:36PM
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Oct 05, 2011 11:23PM
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Oct 05, 2011 11:32PM
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Oct 05, 2011 11:49PM
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Oct 06, 2011 09:12AM
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Oct 06, 2011 12:18PM
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