GREY:LBEFF - Post by User
Post by
4funon Apr 05, 2004 8:30pm
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Post# 7318595
McAra Results must be soon!
McAra Results must be soon!I just got back from vacation. LBE has held up well in my absence without any drill releases. Assays are backed up in all the labs. We expected McAra last week. I hope we get something during this short week.
One thing for sure we will have news from both McAra and McWatters before the Sudbury show. Also the IP maps and down hole EM results should be available for the show. I expect these maps will also show the presence of the northern extension to McWatters and I suspect other additional anomilies. Hopefully we will also see a schematic map of McAra with the drill results.
Don't forget most of the previous results where bring the reserves up to 43-101 but from now on all results add real new valuable news and hopefully, I am sure an increase in tonnage.
After the show and the above news the price should begin to reflect the value LBE deserves!
P.S. I noticed chatter about time required to bring McAra into production. First I didn't say revenue in 2004 I said production and revenue in 2005! Secondly throw out your previous notions re mining permits as this will be so small it can be mined out as a pilot operation.