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Metals Exploration - Positive Rewsuls 30 June 2005

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wolstencroft - Mon, 19 Dec 05 :

fredhoyle: I am confused with both nomenclature and calculation, but can you name some non-JORC compliant estimated resources (anywhere, of any metal) that are valued through market cap at 5% of peak-price in-situ metal value?

goml: I looked at AYM and decided not to invest; I did not like the a story enough to come in at any price (and I did speak with management). I am not saying they will not be a success just I feel there are stronger stories elsewhere and you cant invest in everything!


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