re: Ann: Significant Mineralised Ironstone In... gold 5000
Have a look, ADR had an announcement today also? The question is does ADR have enough ore to pay for a mine.
They could pay part of Westgold s setting up costs to get at their own ore. Without that their ore might not be economic. The ore goes over the boundary line into ADR's territory. That part was ADR's announcement today, depth and grades. Some of the drilling was extensions to WGR's holes. WGR I think has most of that find, the question is just how much does ADR have and is it economic on its own and if not what sort of a deal will Andy come to. Interesting times ahead. Certainly if we are lucky for Anglo not to come in it looks like the possibility of ADR paying for say 1/3 mine costs or selling their find if it's not economic on its own. Just some thoughts, which might be rubbish
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REDCASTLE RESOURCES LIMITED
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