Re: participation
in response to
by
posted on
Apr 11, 2008 01:33PM
Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date
Holy cow people post here??
Anyway, the drill is moving to Pyne to punch in 3 quick holes while the geo goes over the drill results and strategizes where to put the next 7 holes into Eastford.
I find it very bullish they are doubling their initial budget for Eastford, but I am a little surprised they are bothering with Pyne. But, who knows right? There is always more to the story.
I perceived the update as positive, but what I want to know is, where'd the rig from Nelligan go? Are we going back to one rig or what? Maybe a smart idea to conserve funds until we can prove up "the goods" at Eastford and do the next PP at a much higher level.
We shall see. There is where you have to have trust in management to make the right decision. Time will tell.