Merrex Gold Inc fka MXI

[Ifoldallday]

"Phenochris2"
8/17/2011 10:12:08 AM

Another interesting development...another increase in IAG's stake in the project. I think that there is no doubt about IAG's commitment to Siribaya. Lets hope for a gradual increase in SP with the trickle assays throughout the remainder of this year, a pop with the upcomming Resource Update and a healthy premium on a TO offer in 1H/2012.
I cant see why this would be unreasonable....
Demonstrated continuity of mineralization over the Siribaya structure, same, albeit to a lesser extent, for Bambadinka, first drill results at Barbara and 'points east'. If the NI 43-101 comes back with 1M oz as planned, we should be laughing as the area used in the calc. is but a small window in a demonstrably large deposit.
Put me on ignore if you wish, but this is a great deposit here people, multi-million oz potential for sure.