Dr. Michael Berry comments on drill results In addition, these silver intercepts also contain lead and zinc values ranging from about
0.20% to about 2.0% on a combined basis. These results confirm the continuation of
silver mineralization beneath and to the southwest of the old Trinity pit as indicated by
rotary drilling in the 1980s and by our core drilling in 2006 (PR 10/5/06).”
MORNING NOTES 5 OF 6 3/31/2008
Several holes contained significant intercept of 2 to 5 ounces per ton of silver (as well as zinc
and lead) as you can see. Continuity of the ore body was also confirmed. I think silver could
ultimately find much higher price levels than the current $18 per ounce ($40 to $90 per ton).
Please remember that Trinity is open and was formerly a mine. Piedmont may be on its way
to calculating a silver resource at Trinity. I visited this property last October with CEO
Robert Shields and Chief Consulting geologist Lew Gustafson. Both are pleased with these
results.
Three points:
1) You find a mine where there has been a mine – Ralph Rooney’s wisdom.
2) When the drill results get better (as at Trinity) it usually is a good sign – Tom
Patton’s Wisdom.
3) Both cases, GPG and PIED now provide the opportunity to acquire significant
positions at reasonable (“value/ contrarian”) Discovery prices. This is the key to great
wealth creation and establishment of a favorable reward to risk ratio. – Mike Berry’s
Discovery approach.
Please read my interview with Gordon Homes at theaureport.com for more information on
both these companies.