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Re: LCLiving post# 10498

Sunday, 09/03/2006 10:19:02 PM

Sunday, September 03, 2006 10:19:02 PM

Post# of 38584
Like I said, there is a 100% chance gold is on Larry's Red Lake property. The question I have is how feasible is it to mine it? Like you said, there is a reason we haven't heard anything about the negotiations.I assume Larry was smart enough to have had the property assayed before he purchased it and was confident it could be mined profitably. For Larry to have promised the results in June he must have had them in hand I would assume since it would have been impossible to do them in warm weather. Why he hasn't released the results as promised is anyone's guess. My point was simply that I think Red Lake was problematic for some reason and Larry saw an easier opportunity to go forward with China first which was a change of plans and one that caused more delay.


“A fool and his money are soon parted.” ~Thomas Tusser