GREY:LEWCF - Post by User
Post by
Bentonstockson Aug 14, 2007 5:23pm
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Post# 13244755
Conversation with Mr. Davis
Conversation with Mr. DavisI just had a very good conversation with Mr. Davis... He explained to me that they are getting a good handle on the geometry of the deposit, and are expecting things to be much larger than they originally expected. He emphasized that Gamma is still open, meaning that they have not yet found the edges of the deposit.
He is quite optimistic about Nithi, is happy with recent drilling results, and speculates that a TCM buyount could eventually occur at well above the original speculation of $2/share. This is because Nithi is shaping-up to be much larger than what was expected when Kaiser originally speculated on the $2/share figure.
The market is certainly not giving LWC any respect these days, which is also the case for most of the juniors, but based on my recent conversation with Davis, I think will be our patience will be rewarded... I am much more confident of LWC's prospects that I was before today.
Thing are looking very good... Although Gamma West is so far no Endako twin, Gamma is shaping up to be compensation for Mother Nature letting us down on GW, but that story ain't over yet either...
Regards,
B.