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 Gold/Mining/Energy | Mustang Minerals (V.MUM)

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To: Brian Fowler who wrote (269)7/12/2000 8:31:48 PM
From: DRT   of 440
 
Some of us are quietly accumulating at this level and will tell everyone about the potential once the drills commence, the company is listed on CDNX, etc.

DRT

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To: DRT who wrote (270)8/1/2000 8:17:52 PM
From: DRT   of 440
 
hirschorganization.com 

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To: WWS who wrote (267)8/23/2000 7:47:55 AM
From: DRT   of 440
 
www2.cdn-news.com 

DRT

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To: DRT who wrote (272)8/23/2000 9:45:42 PM
From: DRT   of 440
 
www2.cdn-news.com 

DRT

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To: DRT who wrote (273)8/23/2000 10:13:09 PM
From: WWS   of 440
 
DRT, the fact that best of the grab samples contained about 1/3oz per ton of combined PGM's means that there may be some nice subterranean concentrations to be encountered by the drill bit. Nice values for preliminary work, not unlike the range of PGM values I remember being reported for grab samples from the Raglan. The possible presence of a significant degree of sulfide mineralization associated with the intrusion is another positive sign, if subsequently verified.

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To: WWS who wrote (274)8/24/2000 7:24:42 PM
From: DRT   of 440
 
Good points - the sulphides at East Bull Lake are also noteworthy, so both prospects have potential. It may require lots of drilling given the number of targets identified, but that is what junior mining plays are all about (with the financing required to drill those targets in place, we are well positioned at this level for significant capital gains - with any luck!).

DRT

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To: DRT who wrote (275)8/24/2000 10:17:35 PM
From: WWS   of 440
 
Having been down this road a few times myself, I know not to expect that good grab samples alone will enhance the value of one's shares permanently. Case in point, notice the "fate" of NVE's stock subsequent to its June announcement of "spectacular" PGM values in its grab samples from the Raglan:
Message 13947574

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To: WWS who wrote (276)9/13/2000 10:14:56 AM
From: DRT   of 440
 
Mustang Minerals Corp.: Falconbridge To Fund Private
Placement And Exploration At East Bull Lake PGM Property

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DRT

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To: DRT who wrote (277)9/13/2000 10:28:53 AM
From: WWS   of 440
 
Farm-out appears to be the best way to go. Pretty much assures that EBL will be explored thoroughly. That FL should be interested in this Sudbury property is a good sign, because they could easily have chosen to JV with any of the other dozen or so active PGM plays. It appears that Mustang's management really knows how to evaluate properties. First Implats and now Falconbridge. Good work, guys!

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To: WWS who wrote (278)9/16/2000 5:34:28 AM
From: DRT   of 440
 
$ in the bank, 2 industry leading partners, CDNX listing in about 2 weeks ... no question the next few months should be interesting. From all accounts the sulphide content at East Bull Lake is impressive - to JV this property part way through a drill program tells me Falconbridge is very confident in the potential for a significant discovery (note: Mustang's former consulting geologist on the property is now a Falconbridge employee and will no doubt continue to be involved as the drill program continues). With CDNX listing, I see the stock performing very well over the next while - the latest announcement should give mining analysts something to write about!!!

DRT

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