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Re: wmo767 post# 575

Friday, 11/17/2006 2:03:43 PM

Friday, November 17, 2006 2:03:43 PM

Post# of 9767
Majors wanted everything absolutely quiet until the JV is done. Too many leaks in the past which rocks the boat. IMO this is all they could say at this time.

Think about it everyone... if this were a pump so they could dump, we would be getting updates talking about the big boys in great detail to get everyone excited. This announcement was just the opposite. JJ going to Peru would seem to say the majors are done looking or needing to be on the property, they want to get the JV done.Thus multiple meetings in Peru and ? It also said "several" not just two or one. Draw from that what you want lots of options.

The fact they are not trying to dress up a PR to look exciting shows they got confidence in what they will soon announce. The PR is nothing more than what some here have asked for in the past. A couple of lines saying things are happening and they are aware of our concerns as shareholders!

Seems to me things are alive and heating up! The property is good enough to NEGOTIATE not just take the first offer thrown at us! This is a good sign. IMHO

Holding strong and willing to buy on any dips!
David