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Re: Frank Pembleton post# 423

Saturday, 10/19/2002 3:43:40 PM

Saturday, October 19, 2002 3:43:40 PM

Post# of 3572
Still nothing out, of course it's saturday, can't expect much, we'll likely get something before open on monday ... yes the slower news travels the more you suspect it's bad, eh ... i can't think of much negative that is likely to happen though, the news of the spat with the ejido is out already, it's not that serious, permitting should be a reasonably straight-forward affair, if a bit time-consuming, well that's bureaucracy for you, it would be worse in BC almost certainly ... water is a thing of which i am curious, that's not wet country, i'd like to know the availability of water ... ideal situation might be that the company drill water wells and install a system sufficient to help out with neighbouring locals, get a mutual interest thing happening, in addition to making decently paid jobs for their sons

If/when merger or other re-organisation news comes, there may well be negative sides to it for ngt, as a result of all the cheap paper being printed this year, and what some have termed Matter's intransigence ..... i never saw the 10 Oct release discussed, 'National Gold seeks engineering proposals for Estrella' - what's up with that? ... isn't that Chester's bailiwick? ... i'd like to know what the level of cooperation has been, and CM's view of it

I bought into the story for 1. Mulatos, and 2. Millar .... everything that distracts from an unhindered combination of those two is a negative to me, takes away from the potential, and could if taken to extremes endanger eventual success at Salamandra .. keep things simple, don't piss away money on extraneous stuff, focus in on competent mining of a great property, one step at a time and no screwups, that's the ticket

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