GREY:RGVNF - Post by User
Comment by
Monedas1on Apr 07, 2010 3:39pm
235 Views
Post# 16966733
RE: RE: RE: RE: Kinross - Curtis Congrats !!!
RE: RE: RE: RE: Kinross - Curtis Congrats !!!
Curtis,
I am not going to be civil about this comment since you know better.
You KNOW that the Texas Report was not done in the 90s as you keep posting and so you are intentionally lying and misleading when you continue to post in this manner.
"new report on Red Mountain" .Is this the Texas report ....
Red Mt report was in the 90's. No wonder Redo refused to answer.
The Texas Report was developed and briefed to Regents management in December of 2005 and summarized all of the data from Regent's previous exploration programs on Red Mountain including 2005 exploration program. Data from Acero-Martins section of Red Mountain was also included. The analysis was done right after Regent's failed attempted to acquire the Union Property, November 2005 and before the first of the McCallan/Hans Dietman announcements in March of 2006.
Regents was about ready to close the doors in bankruptcy and the Texas investors having significant holding decided that spending a little money to make Regent's viable and to continue to drill smartly was better than loosing all. Ed, however, decided that the oil deal being offered by his friend Wolfgang was much better and more lucrative than trying to establish a 43-101 compliant drilling program on Red Mountain. The previous program had just been looking for glory holes.
Note: A re-interpretation of the old 2006 exploration data is want is now being offered as the high tech approach to Red Mountain. If you don't believe me, go to Regent's web site and read the reports and look at the models. this data is from 2006 and one year after the Texas report. Note: as I previously posted, Regents was drilling too shallow and in the wrong place on the basis of the Texas report and this fact is again confirmed by the 2006 analysis.