Leeward Capital Corp LEWCF

RE: RE: RE: Back to business

[cabo1]

Canon, yes Endako is close by and I refer to it because the ore body is very similar and it was discovered exactly the same way and looked at the outset the same. That was 43 years ago so my point is there is a good chance that Nithi could be the same. When I say similar I mean lots of low grade tonnage which gives long life to the mine and I think there is high grade in different areas which boosts overall grade, I mean this is the Endako story all over again. Remember when a deposit is discovered they are not ever sure how big it really is because they stop exploring and developing once they reach economic value. THerefore there exists a high proability that this could be another Endako and hence the comparisons. Take a look at the Red Lake gold camp in Ontario. it hosts several mines with the same characteristics. Now no doubt someone will point out low grade in another post after me but that issue is being dealt with as the Delta zone is explored and hopefully other zones. Remember its not that Nithi has areas of no mineralization in fact in previous drilling out of 216 holes only three showed little to no mineralization. In the previous results it was just mostly low grade and a discussion for whether its economical or not because of the capital cost for a start up. Normally in these cases you have areas of high grade that when blended with the low grade boost the value per ton to a point where you can justify the economics because of the long life of the payout. Thats why there are high grade finds in bad locations and just not enough of a return because of the upfront capital cost. I guess we are all hoping for those high grade areas to blend to be discovered. I remind you again its not that there is no mineralization, its the overal grade. You might be a C student in 2 courses and be a A student in 3 but your a B+ overal student. You can play with the numbers from here. Hope this clears things up.