Monday, May 28, 2007 6:22:53 PM
Corner Bay is so HUGE that Nuinsco could not wait to get a piece of the action. Corner Bay is the 250 Million # copper deposit,undergoing bulk sampling RIGHT NOW, and the grade is somewhere btwn 5-7% by scientific wild guess and technical rpt.
We have NO idea if CORNER BAY has any gold, as it well might given the nature of deposits in the area. Further the defined resource in this deposit is so far, SHALLOW, and deposits in this
region tend to be open AT DEPTH.
If you read up on the site[s]I mentioned, you'll the kind of skull bursting info that I never thought was out there.
The company is weird, being a producer, because it came out of CCAA [Canadian for bankruptcy], is priced like a junior, has cash
flow, royalties, producing mines and an exploration portfolio worth the share price, IMHO, not to mention the stealth property
in the exploration portfolio. Because of he stigma of bankruptcy
it is priced like a piece you'd take to the pawnshop.
As a rule SPROTT ASSET Management & John Embry are quite savvy
about resource plays and dont give people $20 Million to use, unless they are convinced they will get plenty back. They give pennies and get dollars back.
Given as vigilant as the Stakeholders group is, its likely there will be screams of bloody blue murder in the street, long
before they get a chance to hang anything on the stakeholders.
Go access what I have told you and see for yourself.
GLTA,
DG
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