I asked Don M on Friday how much longer for assays? He said about 2 weeks they will release the results of the entire mother hole. I also asked, will the stock be halted for the assays? He didn't answer that one. I also asked where will the next daughter hole will be at? Don said it will be one of two spots, starting at approx 1500m off of the mother hole at 65 degrees to go more west across the reef or the other spot will be a wedge hole off of the first daughter hole. ( the directors have had several strategy meetings this past week)
I think it's very easy to sum up what's going on here, in fact it's about as clear as mud! The share will start to spike before the meat and potatoes come out, some people will run with the small profits while others are going to pile in here for a 4 or 5 banger.(this will only be the start of this 6 to 12 month game) The longs have been waiting a long time for this and we all know that when CYP has officially found gold you won't be able to get in the stock again under $1. (I fully expect the penny flippers will buy up half of my position at $1) We have heard some exciting talk of Gabbro body, happy rock and etc from the geo's and you can believe what you want, but the announcement by CYP of the extension of the FINN ZONE on our property is enough to satisfy me until all assays are returned for this first hole and wedge holes.( it's geology is the same our geo is a good one and I trust his assessment of our property) I would expect CYP will have many offers for huge private placements over $1 to help prove out the rest of the property and hopefully the Island unless Goldcorp takes it all away on us. When the boys at 98 group are very happy,quiet and not willing to say to much, I start buying more!
P.S. DON LOVED YOUR JOKE ABOUT ORE SPELLED AUR!