Re: McFaulds - My Take - Sharesplitter
posted on
Sep 21, 2007 02:20PM
I jumped into UC at .30 after doing my DD when the NOT story first broke.
I think many of your points are well taken but here are a few points that drew my specific attention on UC.
Mr. Nemis said specifically that NOT's interest and staking claims was directly due to the findings of UC/SPQ/KWG. Noront staked everything they could along the UC/SPQ/KWG large claim area. This means that he understands that the whole area has great potential.
Mr. Nemis also mentioned 50 kilometers (actually I think 100 but don't want to overstate) as the area that appears to be involved in excellent mineralization.
Lastly, as you said, these formations appears as clusters and are not contiguous. So it is more likely that UC will have great things ahead , since they have the largest land area and thus the best statistical chance of addtitional discoveries.
My thoughts.
Cheers
BK.