Targeting multi-million high-grade oz. in Quebec

Windfall Lake Property, located near Val d'Or, Quebec: Indicated 538,000 oz. (10.05 gpt) / Inferred 822,000 oz. (8.76 gpt) (July 2012)

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Message: Re: Always ´funny´- these PP´s
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Always ´funny´- these PP´s
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FANTOMAS
Jun 20, 2010 12:21AM

"Either helping Bay Street to get in cheaply or big exploration program with high burn rate ahead !"

Maybe both.

"The Company intends to start a second phase drill program of 15,000 meters, in early to mid June 2010."

15,000 metres is pretty big.

I am very encouraged by the price of gold. World monetary siuation, Gulf oil spill taking down the U.S. dollar, possible attack on Iran seem to be the drivers. Those who said there is no longer any seasonality in gold appear to be correct.

Looks good for EAG.

JMHO.

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