Re: News soon!!
in response to
by
posted on
Jun 17, 2008 05:43PM
In one of the largest gold producing regions in Canada
I talked to Dan this afternoon and he told me that the NR will be this week but is not sure when. The results are in up to hole 31 right now but they wanted hole 32 as it had a great section in it. Once they get this hole, They will put out the Release. He also said that hole 44 had some very good visuals expanding the body quite a bit. I forgot to ask about hole 23 results...That is the one that can really move this stock and I forgot to ask...He probably would not of said anyways. I asked if he was buying more shares and he said he had a bid in...So that is about all I got from him but I do expect this to be a good release that will confirm the body to be close to 1M ounces at a grade between 0.8 to 1gr per ton and that this is economical to mine in an open pit. Hole 23 if richer as they suspect would add a great spin to the NR. They will also be drilling 4 deep holes about 500M to test at depth and they will discuss this on the NR...So with our very low MC, we should see some good upward momentum from this release. The Dingman property is still projected to have a 43-101 completed within the next few weeks to a month and will add to this little company!
Glorieux