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Message: Re: SGR presentation
4
Sep 15, 2009 08:02AM

..Dale metioned possibly 40,000 oz this yr and 200,000 oz in the next 3 yrs at $ 350. an oz to produce. Dale said they were taking their time drilling below ( 5400 FT ) to find rich ore bodies as he felt they would high grade this area to get maximum results. Dale stressd the fact that we trade an average of 1.5 m shares a day and again said we are a liquid stock and mentioned how the North South pathy ways cut over the folds. Dale mentioned that the new Lidar gives then a good view of the folds and will help them find targets. The Cobina is averaging 15.9 grms and is 2 m wide and open at length. Dale answered a question as to the 500 ft breaks in finding these hinges at 500 ft intervals and he resonded by saying thats the way we have been drilling for them, we could have more infill drilling to narrow this gap. I took away a good feeling from this presentation and their will be more on the SKP and COU boards. Long On The Greens Traps7

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Sep 15, 2009 06:47PM
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