Viacom Inc. VIAB

resource calculation

[olrigo20]

i think the co. should put out a calculation report on recoverable reserves. there is considerable info now (especially on the northern trend) that an extrapolation of the data would be possible. do we have 3kk ozs.or 5kk ozs+? i do believe that the southern trend will be drilled once freeze-up comes and will serve to better dileanate the play. however that is a few months away and an interim reserve calc. would serve stockholdres well at this point.

[PIB04]

In the Oct 6 NR (i.e. before the most recent results), you'll see this quote: "Additional drilling using a closer spacing will be required to better understand the potential of these mineralized zones. In spite of less-constant results obtained within the two main zones, the presence of several new promising, mineralized zones clearly demonstrates that the Roberto corridor remains a

[threegrams]

Well when this resource calulation comes out and Bay st puts a 35/45 us dollar calculation on the resource,hang on to your hat ,also save your money you will buy some cheap stock. they will take the blue-sky right out of this price model. most of the arrogant types on Bay st believe the nav of Virginia is well under 5.00.Forget about future drilling etc their only dream l know ,is to get a

[threegrams]

interim reserve calc This will be used as a negitive,most of the big house analyst think Virginia NAV is well under 5,00 so they would apply 35/45 us dollar value on the Interim reserve calculation add 45 million or so for other assets and cash ,bingo. put a sell on stock. save your money you will get a chance to buy cheap stock from many un -informed shareholder, reacting to such bull ,they

[olrigo20]

i have heard the drill cores speak--just don't understand what they are saying. if the mgmt. is that great then they should advise us in a timely manner and from time to time what the est. reserves are!! this is NOT a negative--it is merely timely & necessary info so that any investor can place a value on the shares. my question is whether indeed it is possible to extrapolate reserve

[threegrams]

I can agree with your questions re : Management ,but to be fair ,I think they have been jammed by majors coming for a look, and a very complicated property. which explains the small step outs on company drilling. I suspect we will have a very surprising resource calculation in the first Q. Then perhaps we can get some major brokerage, agreeing what a few daring analyst calculations.I know one

[flayer]

Surely any major that is interested in acquiring Eleonore' has developed their own resource model based on known drill results. They must also be keenly aware of how pervasive the mineralization is at Eleonore. If they want this deposit(s), they're going to have to pay-up. To quote a recent post by Shear..... >>I agree. These are very good results; there is continuity at depth