Re: Looks like we bottomed at .15
in response to
by
posted on
Jan 18, 2009 01:10PM
Certainly nice to see the portfolio add a zero to the bottom line. Those who have purchased in the last few months are in even better shape. 18¢ was certainly jaw dropping.
I'll echo Orgy....60¢ range gave a lot of dedates here on how undervalued we were.
No doubt the pop will turn some heads this weekend....a little study and DD will provide the answers to a pretty good investment.
From the castlegoldcorp.com site:
Measured and Indicated Resource at the La Fortuna property consisting of 4.8 million tonnes grading 1.99 grams per tonne gold for a total of 308,000 ounces of contained gold
http://www.castlegoldcorp.com/s/News...
Also:
Castle Gold intends to initiate a scoping study on the project which it hopes to have concluded in the second quarter 2009. Coincident with this work the Company is continuing to evaluate the historic data base of drill, geochemical and geophysical data in order to identify the most efficient opportunities to test extensions to the currently known mineral resources. At present the mineral resource is open in all directions and numerous additional areas of elevated gold mineralization that exist within a couple of kilometres of the La Fortuna mine workings.
IMO:
Sure seems to be the time to buy, and or add...
Glta
Barz