TSXV:FCO.H - Post by User
Post by
schilajewon Jun 07, 2005 11:23am
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Post# 9126869
DRILLING
DRILLING there could be a number of reasons. One is the depth, width, fine tuning the locations of deep pockets,which deals with profitability as you have less expense. Bankers like that. There also is the issue of other minerals and the overall site has had more than one anomaly,gold being one. Phil is the most qualified to explain the pockets issues and anomaly of minerals.There also could be issues with mining rights in the Noranda property and questions on residual payments etc.Drilling is like mgt. doing due diligence for profitability.