GOLDEN DAYS ARE AHEAD
posted on
Oct 24, 2008 11:34AM
Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.
There is a lot of mud slinging but something that we all must remember... no real amount of data has ever existed for the Broulan Reef from what I have found to date.. Only further drilling and study of the resulting core will educate all with regard to the make up of the reef.. There is also no such thing as missing the mark.
We must realize that information from each drill hole, each piece of core , and all the core results we get back from the first hole at 85 degrees, as well as the 2nd hole that Cabo drilled and that still has to be completed, as well as the hole that Chibougamau is now drilling will further enable us to educate all in what is really down under us..
My math says that the hole that Cabo drilled ( 80 degrees @ a 270 Degree Heading "(for us ol'pilots) ) would/ could have never reached our far west border if the machine was only capable of 2400 meters and that same drill angle and heading was maintained through out the whole amount of drilling.. If the drilling was allowed to turn or drift a little Clockwise wth the last bit of remaining drilling that was completed .. then I further suggest that we ended at a point even a little shorter that I had previously stated as the amount of westerly travel..
Also in saying the above, you may rest assured that we basically were drilling around 1300 meters underneath the area that GEA found the intercepts I mentioned in my last posting ..
You and the other investors now realize that our deep drill was probably over 4000 feet lower than those Gea gold finds .
What do we know for sure now ??? We know we have over 700 meters of Balmer type core from what we are told and it must go deeper and I suggest that is probably why we are going to complete that hole. Note that wedging could also still be done from this same hole in the future in my opinion.
Drilling from the new location from 400 meters farther up the shoreline or mainland would only confirm my thinking that we have roughly the same 400 meter unexplored area ...from where the Cabo Drill finished to our most northern border.
If the drill angle and heading are the same for the Chibougamau Crew.. than I will futher suggest that after their 2400 meters of drilling and them staying on course.... . it will result in them ending around 1/2 way across the top of the Broulan reef property.. If the angle that is being drilled is around 72 degrees than we should then reach under and across most all of our property under the northern Border
We now also know that Balmer Assemblage has shown to contain some great gold values. We also know that some core has come back..... and our leaders have chosen not to release the results yet.
I now ask .. Who would blame them .???. at this time..???
Would we not be better to wait till the picture being formed and the present market conditions are better ??
It also seems like the Gold price maybe bottomed .. Time will tell and if we are right ..
A GOLDEN RECOVERY might be VERY CLOSE