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Message: Re: New Property
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Mar 02, 2011 10:38AM

Mar 02, 2011 10:46AM

Ali ... If you read the original NR, The Gould property is an extension of Magino. remember the resource estimate said that the Magino deposit is open at depth AND at surface.

Perhaps this new property was acquired to explore the potential extension of Magino. First payment was 10k. They have a year to figure out if they want to keep it before they have to pay more.

Why is this such a bad thing? Is spending 10k on a potential exansion of an existing deposit "spendthrift"?

Please answer

cheers

Tib


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