Re: McFaulds - My Take - Sharesplitter
in response to
by
posted on
Sep 22, 2007 02:38PM
If this Noront discovery proves to be the real deal, I see all they plays having their day in the sun. That said, they will remain plays until they come out with favorable drill results. Financially, it looks to me that U.C. is in good shape and has their Mexican project as an insurance policy.
That said, I also own some KBG. Purely speculative, but I found this very interesting . This was a paper posted on the BMK website. It was discussion on the Sachigo Greenstone Belt. (James Bay)The paragraph that caught my eye was this:
"MacDonald, Freewest and Noront Resources have claim blocks along the greenstone belt contiguous with Spider/KWG's discovery block, and this essentially excludes other companies from land positions in the immediate part of the belt. Teck-Cominco has requested a confidentiality agreement with Spider/KWG in anticipation of further discoveries, and in keeping with their corporate strategy in new discovery areas. "
I don't know what to make out the part about Teck-Cominco with regard to Spider/KWG
Here is a link to the paper, it's a good read and I'd be curious to others take on Teck Cominco and Spider/KWG