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Re: None

Sunday, 03/06/2011 5:18:36 PM

Sunday, March 06, 2011 5:18:36 PM

Post# of 12338
PDAC conversations with ALLANA:

compilation from stockhouse


1. There should be potash on the whole property, they are looking to drill some holes to the east of the property.

2. In terms of the land acquisitions they are looking at NOVA + Samerian. Conflicting statements ask the same questions to both the geologist plus the other guy forget his name but he didnt give me us much info as Peter did. Interpret how you like.

3. Hole 11 is coming tomorrow.

4. During the feasibility stage they are going to bring the drills to Argentina and drill a couple of holes. (Business Guy told me)

5. In term of price from 5 dollars a share to for 500 M + I to 9 dollars for 900 M + I. Nothing we didnt already know

6. In terms of the resource estimate Indicated will be 1 kilometre radius. Peter said we could get more measured because of the drill holes are so close they are going to do some sort of extraploation. Not sure about this because im not a miner.


Those were some of the questions I asked.

Very pumped! Spent a lot of time talking to Peter MacLean VP Explorations. I have to take Cooper for a walk. Then put my notes together. But I can tell you people that I think we are all going to be very happy shareholders. One tidbit for now. BHP is ramping up their camp...Apparently they have ordered 150 half ton trucks and are building their own large camp have fenced the shared runway for upgrades. Looks like are convinced from what they are seeing from Allana and SBT that this basin meets their size criteria and merits a big exploration program. Another geo from the Lundin group who have land north of STB stopped by and those two talked for an hour as well. I have to go for now but rest assure this is getting really exciting never mind the trading BS the prize here is very big.

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