judgement day in two weeks, page-12

I'll start with Treasure Island. I will give you some simple multi choice logical questions.
(Please note - Mincor did a lot of drilling about 5 years ago on Lake Cowan on the back of rock chips and found zit .)

Question 1 - If you had this tenament with such awesome grades, how would you sell it.


a - tender it to the highest bidder.
b - setup your own mining company.
c - sell it to and get the 1st offer, from one company.


Question 2- If you were lucky enough to find some sucker, to sell you a bonanza gold mine, dirt cheap. And this gold mine had a mountain of gold waiting to be mined.
What would your plan be.

a - As fast as possible, drill the hell out of it and get a mining plan into action, even buy your own drilling rig or 2.

b - Go and buy into another mine, which has been a dog, 500 km up the road.


Question 3 - GOLD FIELDS - St Ives Gold Mine is just up the road. If you were the CEO of GoldFields what would you do to expand.

a - Pay 50 million for a top gold tenament.

b - Do nothing.

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FML is probably the most ramped gold thread on this site, unfortunately Mr Market has spoken, even with such high gold prices.Prev. Close 5.3 cents.