SciQuest SQI

Bnn. interview-- Newgold on Soon

[Goldblack]

[cookster9]

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[Goldblack]

     Newgold executive says the blackwater Project will definitly be their bigest producer once it comes on stream.  Newgold says there is still lots of exploration potential on the blackwater Project yet...so it is unknown how many  ounces per annum it will produce, but it will definitly be their largest producer. Newgold Currently has production of 400,000 

[zzzman]

In Silverquests March 2/11 announcement they said the Blackwater project had 1.83 million ounces of gold indicated and 2.34 million ounces of gold inferred.  Newgold in their last conference call indicated that the gold resource was open in all directions.  I would like to see a current updated in regard to the indicated and inferred resouce after the completion of this round of drilling

[Goldblack]

 The longer Newgold waits to buy out SQI the more expensive it will get for them. The Blackwater project is being  expanded as we speak and the price of Gold is continually rising . By the time blackwater is put into production  Gold will probably be in excess of 2,000 AN OUNCE. SQI Has become my Largest Junior Gold Holding. With   SQI's JV interest in the

[cookster9]

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[zzzman]

They are probably negotiating.  The problem being is that Newgold has four of a kind and Silverquest has a Royal Flush.  Silverquest has made all the right moves and has the money in the bank to finance their 25% of the next $20 million round of drilling so their position will not be diluted.  As one poster said yesterday, Silverquest's position gets better every day. 

[cookster9]

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