RE:RE:RE:RE:An update would be niceI asked at the Sprott conferrence about Orogen and the King Alexander mine and reading between the lines I would have to say from what I could tell don't expect much. It is looking like this was a huge Agora pump the idea to sell subscriptions to Byron's Energy & Scarcity. If you look at Orogen website you will see news releases slow down on our JV and pick up with there Armenia discovery. They are now offering shares of the company to the driller to drill holes. Sounds like they are running outy of money. The King Alexander mine has been lightky drilled by Orogen and have released those results. Nice grades but most at less than a meter thick.
I'll get excited on a JV when it is a partner with deep pockets like they did with Freeport. We have a drill bit that should be turning right now on our own 100% owned lease and have new leases to the north that might be attractive to a big player. Once Freeport gets back to drilling I think we have a good chance of proven up a huge porphyry with the possibility of more high grade deposits. Remember Bor had several high grade areas at their mine site. Hole 1332 which is a big step out to the north hit 2 large sections of great porphyry grades and a small section of high grade. I would guess after 1332 Freeport had a good idea of how big this project could really be. That release had 6 holes in it that all had big porphyry intersections. Seems they were saving those and released them all at once, and then stopped drilling and started negociating with an iron fist. The next 18 months should be very exciting and if it keeps going our way very lucrative. Drill baby Drill.