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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Re: Any takers?

Jan 02, 2010 04:11PM
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Jan 03, 2010 08:44PM

Re: Any takers?

posted on Jan 03, 2010 10:56PM

Vic, good points.

" If this company has to do a lot more exploration work before it gets rewarded with a higher market cap, there's going to be a lot of questions to answer."

I like the fact that we know Micon did ask for further drilling, if there is or was indeed more to do as revealed in a an upcoming report( you infer as a possible surprise), do you not think that when they were doing that additional drilling, that would have been the time to ask for more drilling?

From the last NR we got.

"The delay in completing the report was a result of the Corporation undertaking additional fieldwork to ascertain the strike and depth extension of the mineralization.

From a company statement back in the MD&A Performance summary in Aug 09

http://agoracom.com/ir/Inspiration/forums/discussion/topics/356575-md-a-perfomance-summary/?message_id=1195203#message_1195203

"To enable more precision for the resource calculation of the Micron report, the Company was requested to continue to core drilling to expand the mineralized zone further to the north of the previous drilling programs on the Langmuir No. 2 North zone. The drilling of exploration holes have been completed on one target. The cores are currently being logged and assayed."

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