this chart seems to have found bottom with nice volume yesterday we should see a reversal today with this nice news
Enterayon Acquires Silver Cup Ridge Gold-Silver Property Tuesday September 26, 7:30 am ET
SKIPPACK, PA--(MARKET WIRE)--Sep 26, 2006 -- Enterayon, Inc. (Other OTC:ETYN.PK - News) is pleased to announce the acquisition of a 100% undivided interest in the Silver Cup Ridge property in British Columbia, Canada. ADVERTISEMENT
The Silver Cup Ridge property is located on Fays Peak, on Silver Cup Ridge, approximately 70 km southeast of Revelstoke in southeastern British Columbia. The property consists of 5 contiguous claim units covering 636 hectares (1,572 acres). It features five separate prospects, three of which are notable: the Fays Peak Copper, Skyline, and Golden Crown claims.
The Fays Peak Copper claim is on the southwest footwall side of a major fault that runs down the axis of Silver Cup Ridge. The mineralization has been traced down the mountain into the basin at the head of Ottawa Creek and it is exposed in a 15.24 metres-long prospecting adit at 2130 metres elevation. A sample from the adit is reported to have assayed 4.46 grams per tonne gold, 171.4 grams per tonne silver and 4 per cent copper.
The Skyline area is adjacent to the Fays Peak Copper claim. The main Skyline vein is an irregular quartz vein, between 0.05 and 1.22 metres wide, and contains pyrite with a little galena. The mineralization has assayed up to 27.43 grams per tonne gold, 877.7 grams per tonne silver and 18 per cent lead.
The Golden Crown prospect is on Stobart Creek, which flows to the southwest into Trout Lake. It is on the southwest slope of a spur from Silver Cup mountain between 1830 and 2000 metres elevation. The Golden Crown vein is a massive body of highly crystalline quartz, sparingly mineralized with pyrite. Previously reported assays have ranged up to 24.0 grams per tonne gold, 2105 grams per tonne silver and 68.5 per cent lead.
The Silver Cup Ridge property was located, staked, and acquired independently by company personnel utilizing technology previously announced and described on September 8, 2006. The cost of acquisition, consisting solely of British Columbia claim registration fees, was a total of $254.40.
Posted by rpm on :
huge play here, IMO, running nicely on Steady, consistent volume
Posted by rpm on :
Looking GOOOOOOD!!!!
up 20% on higher then Average Volume!!!
Posted by yanks001 on :