Gold, Silver and Mineral Exploration
Focused on exploration and advancement of mineral projects primarily in Mexico and Peru
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MacMillan Gold Corp. > Message
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Re: Hole #5

Posted by: myagora on April 15, 2008 12:31PM

In response to: Re: Hole #5 by venturous

Hi everyone,

I am new to this forum as well as junior mining companies. I have also been following the MMG/DRV story for the last few months (as well as the associated drama). Since many of you are more versed in junior exploration companies than I, would someone be able to shed some light on the relative valuation we should expect from Peru given the recent Teck/Global Copper NR. I applaud those of you who are trying to force George's hand on governance and shareholder relations (specifically with regards to NRs and progress), but I would like to focus our attention and energies on a very (in my opinion) pertinent event in the mining sector. Specifically:

1) even though we are far from 43-101 compliant, is there an opinion on Peru's mineralization vis-a-vis Global Copper's offering?

2) How long did it take for GC to become 43-101 compliant?

I'm not so certain that Hole 5/6 results will have any effect on SP, whereas 43-101 will profoundly change the landscape and I just want to get an understanding of how far we are and what the potential valuation could be given the Global Copper valuation.

Any insight would be very helpful to me...thanks so much

G

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Executive Address
Mmg-brown-ea
George Brown
CEO
April 07, 2008

Mr. Brown comments on the recently announced business combination with Duran Ventures

View Broadcast