Got this back from Keith Yesterday in response to some Q's. , Quote , "Thankyou for your email and your comments. Im not sure I agree its a starter, the studies are the result of a lot of work. If I can address some of your comments: While the Aztec Dome is potentially a company maker it will require a sustained effort and expenditure over a period of time to realise that potential. We have plans for further drilling programs, but we do have to fund such programs. Bundarra offers us the opportunity to generate some cash flow to fund both ongoing work to develop Bundarra into a bigger operation and to further explore the Aztec Dome, The necessity to generate more funds will I suspect be our short term focus. With regard to other opportunities, you will note from the mine scoping studies that by far the most profitable operation would be the Great Western underground. The Dodgers Well project, which we acquired 100% of in Dec 2009, has the potential to host a similar high grade, highly profitable deposit. The project is located only 30-40kms from Bundarra and there would be a lot of synergy in developments at the two projects. Some drilling on this project would have to be fairly high on the priority list. We have to resolve some funding issues, but we are keen to get moving on some more drilling at Bundarra asap."
Regards, Keith Wells Managing Director
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Terrain Minerals Ltd
L1 230 Rokeby Road
DYOR GL TMX holders DYOR. SH GL GL.
TMX Price at posting:
5.6¢ Sentiment: LT Buy Disclosure: Held
