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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Message: RE: Mother Load from Goldcorp

AGORACOM
Sep 19, 2008 10:05AM
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Sep 19, 2008 12:39PM
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Sep 20, 2008 09:12AM

Sep 20, 2008 08:22PM

Sep 21, 2008 07:20AM

Sep 21, 2008 09:06AM

Geo
Sep 21, 2008 02:17PM

Problem is if GEA only got the low-ball price they received with 7-10 million oz of Au(yeah, I know they thought they had 9-13 but I don't think G accepted that figure), what are we going to get after a mother hole and a set of wedges(even if they are great)? And in these market conditions?

Anyone have an idea what target price management might have in mind if we do find GEA type mineralization? Kind of hard to predict without knowing how many oz in the ground(say 3 million oz for argument sake) but I would hope it would be more than 1.00.

I'm a little scared that we might be too close to G for our own good and might give them a preferential deal. But who knows, maybe looking at our core allowed G the confidence to know the gold went beyond the border(to make the offer for GEA) and maybe they will reward us for the help. Not saying this was the case but might make up for all the delays.

All JMO........






Sep 21, 2008 07:59PM

Sep 22, 2008 06:18AM

Sep 22, 2008 07:21AM
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