Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: questions

questions

posted on Feb 13, 2009 11:15AM

I have 2 questions. If anyone can answer them, without the usual bashing paranoia, it would be greatly appreciated.


1. the last news release stated that the intercepted ore body was approximately 310 metres to 335 metres vertically below surface. How come all the drill result intercepts are all at shallower depths? I always thought a straight line was the shortest distance. What am I missing?

2. Can someone explain how the "block buying" of shares is permitted in the NCIB. The daily limit is somewhere abound 16,000 I believe but larger blocks can be purchased but I don't know how the blocks are determined.

Don't bother with cut and paste answers from news releases as they are the source of my confusion. TIA

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