Midas Mine work next to Deep Creek prospect
Ominously quiet on the Vancouver board this month end….summer doldrums have arrived just ahead of Canada Day on Thursday. This is the tough time of year to be a patient investor and a warning advisory to avoid boredom trades that usually cost you a few points is issued by roy.
On the Ashburton front…….The drill core samples from Deep Creek should be starting to be spit out as the drill rig had reached the first site last Thursday, almost a week ago.I’ m figurin about 7 days per hole and six holes…so the first set of cores should be delivered by the weekend. No telling for sure how the company will release the results. Either as they dribble in, hole by hole or as a summarised event perhaps with comments from Marvin Mitchell the PGeo who sits on the board . Next time I’m in conversation with President Mike England, I’ll see if he will shed some light on this issue for the marketcents readers.
Stockually speaking….its month end and the lack of volume in a penny at this juncture is a good thing, indicating there is no month end unpaid shuffling of paper. That said it looks pretty bone dry and needs just a spark to ignite a fire as rersults hopefully bolster a surging price. Time shall tell but the earmarks are all there.
I am also hoping to speak with Mr Mitchell regarding the drilling to the south at the Midas Mine owned by Newmont. Newmont has not yet replied to my query regarding the exploration project that would extend the mines reserves.Apparently the exploration work is on the same trend and host rock as Ashburtons Deep Creek.
Stay tunedhere at marketcents for more
royrogers
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