Thomas and Drilling Posts
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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
Message: Thomas and Drilling Posts
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Thomas, you seemed like a decent enough guy when we interacted on the first part of the field trip and my comments are not meant to get in a pissing match or to be combative but I think facts are facts.
The charts and your price targets are fine. we take it with a grain of salt when the $1.60 price targets don't hit and we don't hear any reassessment of what went wrong or we never hear you post when the charts say the stock is going down, only going up, etc. it seems like pumping but whatever......
More Crucial-
You are acting as an authority on Victoria yet misrepresenting the company and misleading the readers.
Your comments that people should read the website were interesting. you tell everyone that they are drilling black canyon in October. Yes, they did not have a year ascribed to it so you can blame Victoria for your mistake but ALL of us knew they meant in 2007. How did we all know this? we check out the website once or many times, something you tell the reader to do but do not appear to have done yourself.
Another post states on may 9th that Hole 8 is finished or within days. HOW? they don't have a drill there yet as of the date you post. You then tell people that they possibly can expect assay results by as early as mid may???? how? Late may seems like a very remote possibility but they need a third drill rig working right now and then a rush on the assays for it. Doubt that happens. the other two presently drilled holes are no where close to finished and they have to get back to hole 9 still too. So realistically and factually how reasonable is it we see results in mid to late may on ANY hole???
Your most recent post is more bothersome. I am not sure if you have my posts on ignore but you completely come over the top of my post with very different drilling information. I spoke with Raul Friday morning and posted within minutes after hearing the data. I called because I was not sure about your May 9th 11:35 am post stating hole 8 was finished or within days. I responded with very detailed information, yet your post below comes even after mine, contradicting all I have said.
Your post reads
"According to Chad Williams it is taking, on average, to drill one hole at Cove McCoy, approximately one month." (James) We have a brand new drilling company, Progressive, they have not finished a single hole yet. Is the estimate from the old companies and before Tom Lee came on board to manage the drillers? how would we know what the average is for the new company and what is the use of the old company info, we have changed them because they were not happy with their results so why use the old numbers?
"The holes being drilled at the present time are approximately between 2,200 and 2,600 feet." (James) as of this past Friday morning May 9th according to Dr. Raul Madrid spoken to via phone and what I saw in person on several different days when out there the week before, there are ONLY two drill rigs in operation, on hole 10 and hole 11. When I left on Sat. May 3, hole 10 was at approximately 900 ft you are now saying it is at least 2,200 feet? so in 6 days they have drilled 1300 feet, an average of 216 ft a day? AND on hole 11 which was just started on the Saturday I was there and at around 100 to 150 feet and they are now at 2200 feet???? therefore to get to minimum 2200 lower range you mention they have drilled 2050 more feet at an average of 341 feet a day in 6 days? Holes 8 and 9 are not being drilled at the present time there are ONLY two drill rigs, another is coming in a "couple of days" but wait and see. you tell us the holeS being drilled are at 2200-2600. The two being drilled no where near that range, one on hold is near that range and another on hold not near that range either.
"Based on an average of 2,400 feet for the average drill hole completed over a 30 day period - the average feet per day is approximately 80 feet per day. This takes into account down time for drilling problems." James- How can you say that it takes on average 30 days to drill a hole INCLUDING drilling problems? lets take hole 8 for instance. Hole 8 has not moved ANY feet since at least the April 10th press release and a month has elapsed there alone. They are at around 2267 feet or 2400 feet. They are not finished, there is no drill there yet......BY the way hole 8 was collared a few days before the FEB 20th press release , NO Drill yet and NOT finished, time clock? 80+ days and still running. When there are problems there is no 30 day average at ALL and the complete time is unknown so far.
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