News that they hit massive sulphides caused a halt Thurs and Fri. Last sale was at .69 expect this to be over a buck Monday.
Posted by BCmouser on :
Guess the news was not as impressive to the rest of the investors as I believed. But it still looks interesting and perhaps assays results confirming the richness of the ore will propel this one back up. 25 foot thick band of ore in varying widths and of unknown length still is a sizeable resource. However it is down at 9000 or so feet.
Posted by BCmouser on :
Dropped more again today down to .37 at one point. Guess this play will be a lot longer in developing than what we first expected.
Posted by BCmouser on :
Assays out today were not that impressive. For all their research and geological interpretation these guys threw a dart and missed the board. At 9000 ft deep this will not be an economical play judging by these results. One can bet on the longshot hope that this is just the edge of the main richer body, but they will have to drill and prove something bigger and better is there. Think this one drops to .20 or lower and stays there until more drilling results surface. JMHO