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Re: marcos post# 1426

Sunday, 02/23/2003 11:41:52 PM

Sunday, February 23, 2003 11:41:52 PM

Post# of 8638
Marcos,
You had to pick out the most provocative one of course. I do think that Claude is an excellent addition to any board, but there are a lot of "old timers" that think that his evaluation of this mine is not up to his normal stuff. I do feel that he is very patient, but has always required that any mine to be valued has to spend millions on sampling. That is the only way to value the mine to its fullest share value. I for one do not agree with this. Many mines have been valued much higher than their value by this method. Myng is going in a different direction. They know in their hearts that there is gold there, and have done their own sampling. No drilling as Claude would like. They now are going to mine to prove the value of the deposit. They say mining can provide the total resource, Claude says no.
That is the basic difference of opinion. Makes for a good argument.
Terry