RE:RE:RE:RE:RE:BHP makes move into golden triangleZorg, very interesting and thanks for your views on the potential geometry of the deposits coming out of the drilling.
There may be something to the confidentiality agreements and SEA, but it is also a general truism that when prospectors really hit with the drills, they go into reverse gear on distribution of paper and try and claw back or limit dilution as much as possible. With KK getting such good mileage out of money spent on drilling, and the junior miners so depressed by both equity markets and metals prices, I can get on board with keeping the door to the buffet locked no matter how hard hungry majors may be banging on them.
Another aspect of the deposits spreading out across TC a is any jigging or jogging by SEA of their tunnel route seems virtually impossible now without hitting or blocking economic mineralization. So much for their representations to the B.C. Government in their permit application.
This has been a good year of progress, a crummy year for valuations. What a window of opportunity for the far sighted, especially if some bulk good copper grades are thrown into the shallow horizons.
Pleased with management of both TUD and, believe it or not, Dino seems to have toned down as well to his own benefit. Good. Might be more good news out of Harry coming too.
cg