UFX what do you think of my theory on andewa . hole 11 assays about the first 110 or so meters were announced on 17-02-2012 there has been no news on this for over a year . why would they hold back news on holes 10,11,16 if they were not any good ,they have released full results for holes 12 ,13,14,15 that were not that good . i beleive they have spun off the torque ipo they announced on the 27-04-2012 so fnt can look at ways of starting a mine with newcrest .
hole 14 they have stated from about 936m there is strong arsenic and antimony . hole 11 photos show there is some (cb)columbium have a look at the market price for these products.
i have read that arsenic and antimony is a pathfinder for gold if this is true then they may test from hole 14 to 15 and to 10 and 1 then over to hole 16. besides gold and other base metals they could have a mine with the listed products above if they find enough of it.
with more drilling to come they have a good chance of stating a bulk mine with newcrest.
i have read that one the deepest gold mines is more that 3000 meters deep then fnt have a long way to go before they find the mother lode .
as for ok tedi they could have a bulk mine at esis with more drilling they could find better copper grades .
to me fnt have a lot of ground that the big majors do not have so if they have some good assay results then it is a good chance of more jv s .
i think after the ipo with toque is over maybe more results may come through. have a nic weekend . thanks
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