Solid foundations. New horizons.

Free
Message: Will Borden be like Rainy River???

Agree, value could come from Cree, Black Creek or Borden but have little confidence that we see any value from the LSG jv for some time. A 500 m drill event on JV property east of Thunder Creek where the latest intersections are in the 550 to 600 m level will not get the SP moving unless off course a super section is intersection. However, at Borden we have been drilling for about 2 months with hardly a whisper on what is happening. News that PRB continues to drill on strike and too depth beyond the proposed 5000 m and combined with grades of 1 to 2 grams over 150 m plus widths will begin to draw some attention, imo. Quite possibly just what DP doesn't want right now.

Value from the chromate will come sometime, when, maybe that is something the company can provide I certainly don't know. Maybe the $5 number is too bullish, short term yes by the end of 2011 possible, if PRB continues to prove up BL and gets a NI 43-101 out later this year,imo.

mh

Share
New Message
Please login to post a reply