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Re: carolinacoast post# 69113

Wednesday, 09/28/2011 12:41:15 PM

Wednesday, September 28, 2011 12:41:15 PM

Post# of 118202
I didn't say Fernley wasn't doable, I said it was very different terrain and would probably have water issues. Directly south of the Fernley mine area, there were entire mountain tops missing from mining operations. Those mountains were there a little over a year ago. The area is a mass of mines and operations. I think water will be more of an issue at Fernley than with NRG. I could be very wrong and a geo-tube farm may once again allow for the same water processing system.

One other quibble. You don't like the expenditure of $200K on the share buyback and would rather buy equipment.

I don't know what is best without knowing all facts upon which Management based their decision. I would rather have the B&B property assayed and valued before buying more equipment. That would reveal the true nature of the length and value of the mining process in the Crescent Valley. The amount of gold available would determine how much money and effort to put into NRG.

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