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Message: Some good points on FWR today

Some good points on FWR today

posted on Feb 15, 2008 04:12AM

Spider drilling on FWR option starting today. Sounds like it is next to the previous chromium find, possibly on the other side of the red line. Remember chromium is normally found in nickel bearing camps and acts as a barrier. This may prove a place where higher concentration of nickel can accumulate.

Bernake still talking rate cuts which is positive for gold. FWR has advanced gold project in CS. Windfall collar soon to be blasted. Barry-United (Murgor-Freewest)next to Windfall is already being mined.

McFaulds aerials getting closer to being complete. I am looking for a deal between SPQ, FWR, NOT once aerials are in and SPQ hits on FWR option. WHY? 1/ Because NOT wants to bring in bigger package which they can present to a buyer. 2/ Targets will likely overlap claims. Make a deal so targets are under one Jv to make ownership clearer. 3/ Mac likes to make deals where others drill; NOT likes to drill, has the drills, and has the money. 4/ Management intertwined already.

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