Monday, November 01, 2010 9:52:28 AM
made a bundle on NGBF pop... Thanks buddy..
What's a guy to do here??
Big Guys come back when the metal is more valuable?
"Barrick has made expenditures of over $1.3 million on the Red Hill project, not including costs associated with the 2008 drilling. Work completed by Barrick prior to the 2008 drilling included drilling 11 holes totaling 22,510 ft (6,861 m) as well as a property-wide gravity survey, an airborne magnetic survey, a controlled source audio-frequency magnetotellurics (CSAMT) survey and a property boundary survey. "
Miranda has not yet seen the assay results. Once Barrick receives the final assays and conducts internal quality control testing the results will be released to Miranda. In addition to the assay results, Barrick was facing an October 27, 2008 deadline to pay Miranda $150,000. This may have influenced their decision to terminate.
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