Welcome To the Stock Synergy, Momentum & Breakout HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: ngd Pierre Lasonde

Some interesting comments from New Gold Inc. (NGD, TSX) director Pierre Lassonde who apparently told reporters following a speech at last week’s Roundup mining conference in Vancouver that “There is a 50/50 chance that it (Blackwater) will be a 25 million ounce camp“…Blackwater currently hosts a Gold resource of just over 10 million ounces…Lassonde said his projections are based not only on indicated and inferred resources in the Blackwater zone, but also on additional discoveries on nearby ground including the Capoose Property…”In between,” he said, “there is a lot of interesting geochemistry”…Lassonde’s prediction bodes well for several juniors in the area including one of our favorites, Parlane Resource Corp. (PPP, TSX-V), which just recently made a drilling discovery at its Big Bear Property in a hole that’s right on strike between Blackwater and Capoose…geologically and for infrastructure purposes, it makes perfect sense for New Gold to take out Parlane which is gearing up for a second round of drilling at Big Bear in the spring…

Share
New Message
Please login to post a reply