GREY:HTBNF - Post Discussion
Post by
crazytown on Apr 16, 2012 4:48pm
NICE!!!!!!!
from the Small Cap Power Interviews James West
February 3, 2012
James West: My top holdings are Hunter Bay Minerals Plc (TSX-V:HBY); Giyani Gold Corp. (TSX-V: WDG; Corazon Gold Corp. (TSX-V:CGW); Meadow Bay Gold Corp. (TSX:MAY); Foundation Resources Inc. (TSX-V:FDN), Prophecy Gold; and Scorpio Gold Corp. (TSX-V:SGN).
SmallCapPower.com: Could you tell us more aboutwhat you consider your top three or four names?
James West: Well, Hunter Bay’s flagship development project is Sela Creek in Suriname. It’s on trend with several multimillion-ounce gold mines in the area. It’s just north of Brazil so there’s probably 10 mines in the vicinity. EldoradoGold Corp. (TSX:ELD) has a mine on the same type of geology as Sela Creek. Eldorado acquired that when it took over BrazauroResources. These types of deposits have been identifiedby the existence of artisanal miners whobasically remove the overburden and process it because it’s relatively rich in gold. Most of the major artisanal mining camps in that part of Latin America have turned out to host multimillion-ounce gold deposits. And so with Sela Creek being one of those, I am relatively confident that we’re going to see that type of a mining scenario develop. Whether it’s 1 million ounces(Moz) or 10 Moz is really, in my mind, the only question mark.
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