7km’s of gold vault strike between 3 gold producers

In one of the largest gold producing regions in Canada

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Message: Yikes!

Re: Yikes!

in response to by
posted on Jul 16, 2008 01:30PM

I have to admit that I have sold 50% of my position yesterday. My reasoning is that I expect big things from NOT soon versus I believe OPW will now be a slower story to develop. Also, management has been a little misleading in their info. Rob gave me a good story about hole 23 and it would be richer deposit, possibly a feeder system...and it was a complete dud. So management has embelished the situation and from that stand point, the market is dissapointed and has let it be known. I still believe they have 2 million ounces in the ground and our small share float means that when the market sees it, we will be way over $1.00, but I see this only after the 43-101 is done on Dingman.

Cheers,

Glorieux

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