Re: what are everyones thoughts here?
in response to
by
posted on
Aug 20, 2012 10:41AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I have to agree with Storm. I also think the timing is good as the seasonality of gold and the TSXV being strong is from September to February. Now with some drilling, we have a chance to get excited again and that is a great thing. If we can get a little lucky here and have some success, we will be able to raise money at higher prices in a better market which translates into less dilution!
I talked to the company this morning and they were on their way to the property. James Franklin, Frank Candido, James Tilsley, Roland Boivin and Sasha were all part of this trip out there. I am excited by the fact that Franklin will be out there. According to a CEO of another Junior, this guy walks on water he is so respected. To have him on site directing where the next holes should go means he is taking a hands on approach here and not just looking at the VTEM online and making quick decisions.
The company did confirm that some holes will go to BT and others will be exploratory. As of this point, there is no decision made as to exactly where those holes will be as that is part of the process of having Franklin on the property.
Thanks everyone for the welcome back and the PMs.
Glorieux