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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.

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Message: Re: different take on conference call

Actually, the price action and volume over the past few days has been pretty good:

1) VIT has a gap begging to be filled;

2) We're coming down from a 2.5 week overbought period;

3) Gold was tumbling even as the conference call was underway;

4) Chad told us we're not adding drills to Santa Fe (typically of juniors this would mean they're not excited about the property);

5) There are a lot of shares out and a lot of people are happy to take their profits here...

..and still (so far) all we've had is a 1-cent fill of the gap.

We may drift down into the high 50's but that would just be normal activity all things considered, especially if Gold drops again.

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Oct 29, 2009 06:38PM
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