Small Update
posted on
Jun 21, 2008 08:10AM
Producing Mines and "state-of-the-art" Mill
I was holding off untill the AGM to post more but here is a little update.
Exploration - The drill is at the Sothman Project and right now they are doing ground samples at Groves. (All the cheap, low cost exploration stuff). Later on the drill may move from Sothman over to Groves. Then they are doing six or seven holes at McAra.
We are not doing as much exploration as originally because we have been able apply some of the funds from last years flow through financing towards some of the expenses of McWatters. I think this is a great decision.
Shaw Dome we are not going to do very much but the great thing is ISM is doing alot of exploration on their property and GCR has been doing some exploration there. We get to see the growth of their exploration and our guys I'm sure are plotting and learning from their endeavours. Much of the geology is similar to theirs so who knows what understanding will result from their work.
In one weeks time or a little more our 2nd qtr results will be out and we will be able to get a complete property update in the MD&A and see how we are doing in the financial front. After the AGM I am sure there will be a presentation posted and some of us will post some info from the AGM.
Please note - info has a mind of its own. Last year I thought the listing on the TSX, mining at Redstone and all sorts of stuff would push our share upwards. The economic news had a bid influence on SP. I buy and hold Liberty because I like the company. I believe that I will make money. It may not happen tomorrow but this is an up and coming story. Do your own DD and make your own choices. I am but one voice out there.