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Message: Some new materials...

Re: Focus cuts 46m @ 3.6 g/t Au Equivalent at Nueva California; extends mineralized

posted on Mar 31, 2010 06:31AM

I didn't think the results were as bad as the reaction from the market but not sure we will get a fast rebound either. It could be a long, slow road back. I heard that hole 18 will not be out until May but that may not be accurate. It does look like the plan to quickly prove up a few million ounces and flipping the property may have to be replaced with Plan B. If there are enough ounces at NC to provide mill feed for Pierina then even if it is not a multi-million ounce deposit there may still be a future for it, imo.

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