better than sdl: market cap $50m drilling july, page-23

Hi DDzx.

Core started drilling in the middle of 2010.
They say a JORC Resource has been announced,there has been no JORC figures given out as to grade,or impurities.
They can say what they like as they are a private company.They do not have to answer to the London or Australian Stock Exchanges.
They were predicting 1 billion resource,like the are predicting another 4 billion tonnes or so.

I am not comparing impurities of different projects.

Jewel in the crown was in SDL's crown,I did not say in the area.

Did you notice as you stated that there is a river valley directly to the West of WGO tenements?
A lot of rivers to cross to get roads or rail happening going across Gabon.
Would have to get permission from Gabon to put rail or roads into that area.
I have proper pictures of the area in question ,not just from Google maps.It is very thick jungle.
Read SDL and others reports about the terrain.
There are a lot of National parks in the area that can not be touched so have to be skirted around.
Why do you think Belinga has been on hold apart from the way the contracts with the previous President were configured?China's Exim Bank pulled the plug on the funding because work in a sensitive area of the National Park was started with out the necessary permits being granted.

You say new rail to Nabeba of 150km.Roughly the same to Belinga plus 200km of rail to connect up to the existing rail line in Gabon that is narrow gauge rail system.
Rail to Port in Gabon from WGO tenements would be further than from SDL tenements to port in Cameroon
How much cash has WGO got?

SDL rail corridor is slightly elevated but mainly flat.
One bridge has to be built.It skirts National Parks on the way to Port.

As I said wait until drilling has been done before getting excited about how much high grade DSO you have.

Drilling not started yet and you are already comparing WGO to SDL.SDL have been drilling for five years.

Regards
Westcott.