FWR - time to shine
posted on
Mar 18, 2008 01:51PM
Discuss the various junior resource companies within the McFaulds Lake Area
Noront, Murgor, Freewest all halted due to news release coming from the Windfall property. Freewest was up three cents on only 85000 shares traded. FWR has a lot going on at this time and I expect continued news coming from many fronts. 1/ Clarence Stream - A mainstay for many years this old dog will have its day in the sun soon. 43 - 101 soon out. With gold at $1000 dollars and good grades being found at depth a 1million oz resource could bring in a buyout 2/ Windfall - Halted MUG, NOT, FWR so news must be good. Ramping to soon start. Remember gold is being found throughout this area so once the general geology is understood this area could be a big producer. 52oz/tonne grade $1000 gold price. 3/ McFaulds - Recent maps show numerous targets giving FWR one the best looking properties in this hot area. 4/ Sungold - Jv'd to XSTRATA copper. High grades of copper found in this area. Deep target never was drilled. Xstrata expertise and cash has a better chance of finding a valuable resource here. 5/ KXL "Golden Mile" property - Mac snagged a highly sought after property in this region Watch for much activity in the coming weeks with the Calgary resource show coming up April 12,13
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