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lmcat

10/14/11 6:45 PM

#19699 RE: Old Geologist #19698

The comments from the BLM were that permits would be issued for the exploration work. That is all that needs to happen for positive news.



Agree - when does SUGO plan on starting the application process?

Last thing I heard they were waiting for funding last June.

Or is SUGO afraid to apply and then get denied, making their claims worthless?

corleone

10/14/11 10:44 PM

#19705 RE: Old Geologist #19698

Old Geologist—you seem to be one of the more knowledgeable posters on this board.

I noticed you said you felt that it is best to get out after a run-up and not worry about actual drilling of anything. Based on your experience, do you have any thoughts on how far it may run and what would be a decent exit point?

I understand this is just your opinion, thanks in advance