jaguar update, page-2

  1. 29,310 Posts.
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    Bit disappointing, JeffyD.
    I was hoping ( as they hoped at the AGM) the minable tonnage from the resource upgrade would be over 2mill tonnes.
    Also, whatever was to be announced seemed to be factored into the SP.
    Soooooo..., we have a loooong wait until production, unless Inmet strikes something at Snowy's.
    They HAVE hit 2-3% Zinc in the sulphide stringers in their first hole, which the EM indicates.
    Bottom line is, as of yesterday, PIL had no idea when/if Inmet was returning from Canada to carry on.
    I sent an email to Inmet Investor Relations, Canada yesterday, and have received no response yet, asking when Jaguar exploration will resume.
    Somehow I dont think I will get a reply.
    We need more tonnage to really interest people, and it MAY happen, through Inmet, but not soon.

    So, into the bottom drawer they go, with a sprinckle of flea-powder................

    Good luck,

    GZ
 
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