posted on
Mar 20, 2009 08:56AM

Timmins & Beardmore - Northern Ontario
Focused on becoming a near-term Gold Producer

Message: Re: Vein 9
Would be great if Vein 9 beats all other results to date. As someone said, results are consistently getting better (higher grade and consistency) as they move NW. Vein 9 is the widest yet... similar grade channel samples over 2-3m would be O.K by me LOL. Remember, in last technical overview we were also told of broader mineralization between veins... this doesn't sound like a bad thing.
May not affect share price much by the looks of the foolishness that has been going on as of late. No idea how or why this can happen. In any event, extraordinary Vein 9 results would surely increase existing shareholders confidence leading into drilling season (finally!). Despite the delays drilling will begin or at least be announced in the next couple of months. IMO I have waited more than 1 year for SGX to drill GE, another 2-3 months won't kill me LOL... especially in light of what has been uncovered over the course of that loooong year.
So much news due out next week (if not today)... with AGM on Wednesday you would think they'd try and release something before... therefore, trading action this PM could give us an indication of what's to come. Maybe or maybe not.
red911
P.S. expect wild ride for gold as this weeks trading session comes to a close... Apr options expiry and Mar futures last trading day late next week... followed by Apr futures first notice day early the next week...IMO there may be wild swings but the trend will continue to be up. There is similar call-put distribution for April 2009 that we saw in December 2008. We'll see.
From recent technical overview:
Vein 9...
Widest vein discovered to date... 2 to 3m in width... cross-structure that cuts through the main vein... lots of gold in panning, wall rock, and vein itself... more mafic volcanic host rock as we move 260m NW of NW end of Vein 4 to Vein 9... broader mineralization between veins...
3 Recommendations
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