LIN 4.55% 11.5¢ lindian resources limited

Chava / TH -Positive:1 - Management seems good, especially...

  1. 1,010 Posts.

    Chava / TH -

    Positive:
    1 - Management seems good, especially Buenavista (top experience) and Mangaoang (seems well connected).
    2 - Location (EMR) is definitely gold rich.

    Would appreciate your comments on these:
    1 - Why didn't WMC and Barrick proceed with exploration / drilling if there is such high grade potential?
    2 - Except for some historial data, most projects with option agreements are only on permit application stage?
    3 - References to Medusa's (which I hold)ASX announcement in January 2006 could have been substituted with current JORC'd figures. Example, Siana (RED5, which I hold)has only 849,000 oz, NOT 2M ounces as claimed in 2006. This is a recent presentation, which has all the time to pick up latest figures.
    4 - Any estimate of resources on Masapelid (with MPSA) based on historical data? Targets are great - but there must be a basis for spending money on drilling, etc.

    Would appreciate your comments. I presume you have more knowledge / done more research on LIN.

    Definitely interesting find.
 
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