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Formerly WSR

Aggressive program in a highly prospective portion of the "Ring of Fire" mineralized zone.

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Message: Re: what is going on?

Re: what is going on?

posted on Aug 23, 2008 07:41PM

I suspect that unless a company has Eagle 1 type results, they have been deferring news releases until the TSX-V climate for juniors improves. The adage for junior mines has always been "sell in May and go away until September" Nothing happens in the summer doldrums. Remember the TSX-V hit a major yearly low last week and only started to improve last Thursday. Any merely good news has been punished - look at NOT and SPQ/KWG/FWR. Gold and silver prices are starting a new upward wave which should continue through fall and surely the junior pm's will start to move this week or next. All just my uninformed opinion.

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Aug 24, 2008 11:43AM
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