Everytime
posted on
Nov 01, 2010 11:52AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I get off the phone with Frank Candido, I want to buy more shares. Knowing I am way overweight in this great company may be why I do not call him more often lol. He is just so passionate about this company and genuinely caring for the investors. This is something very rare in today's world and I cannot think of a better person to lead our company at this time. Hopefully, funds and large investors will get the same impression as I do of our CEO.
We discussed lots of stuff in a very short amount of time so I will just throw out some of those things in bullet form:
He gets very pumped up walking thru shows like New Orleans and talking to other gold explore Cos that have projects of lesser quality but yet have much higher market caps. He is convinced that our story just needs to be told and he is telling it quite a bit by his crazy, crazy travel schedule.
One of the Hong Kong investors has contacted the company and wants to do more DD, possibly even come to the site.
Gold is going up, possibly to $2000 or more. The speakers in N-O where all very bullish gold.
The bulk sampling is going very well, should be finished the bulk sampling part within the next few weeks, maybe sooner. There will be more work to do with the samples in the core shack before they can be shipped out for assaying. Some samples have already left for assaying. The crusher this year was much better. Last year, JT wanted 1inch dia but the best we could do was about 2 inches. This year, we got 3/4 inch samples which is great but it was also done faster which speaks about the increased efficiency of our company.
The drilling has been going very well, mostly concentrated on the 88 zone (Snow White) which keeps me very excited about this area.
A new plan which he could not discuss is being prepared by the BoD, he seemed very excited by this.
He invited me to call members of the BoD and pick their brains. For him to say this, I bet those guys (Drouin and Zurowski where named specifically) told him that they would make themselves available for shareholders and if that is the case, this speaks very highly of not only their character but how much they believe in the project. I have spoken to quite a few IRs and CEOs, I have never been invited to call members of the BoD (But I have never owned such a % of a company before)
I strongly believe we will be trading at multiples of where we are right now within a year and that is why I remain very committed to this company.
Glorieux