Re: windfall/PM
in response to
by
posted on
Jan 30, 2008 05:57PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
I bought in a few years ago. I had lost thousands on the Yukon Zinc fiasco so I was forced to search for a very cheap play or 2 in order to try to recoup my loss. I found MURGOR which was jvd with FWR and hitting gold at Windfall. The problem was there wasn't enough in one place to constitute a mine and a 43 101 would be next to impossible. Not had the property to the south on border and the shares were cheap so I bought in.
After NOT hit the big hole a stones throw to the south of MGR/FWR boundary which gave me 3 spikes at the same time. I sold high out of all 3 plays but really began digging and listening to the longer longs than me.. I bought back in after my DD and with 50 plus ounces per tonne 15 feet across and they are finding so many spots that it necessitates a 3000 metre ramp to get a sample from all of the hits and they are still finding gold. An area play hit gold right beside us I believe.
I could go on and on about Windfall etc.. I'm actually hoping to hear from Windfall soon.
Getting back to your question when you see a gold hit that is gold equivalent of VB you should look for a 10 bagger.
Shares out against were a little less to be sure but we were very lucky. the sp spike gave us a lot of cash and set us up for the de zone.
But at this time sp means nothing. Look at spider. If they hit an anomaly they will spike for days...lol...:)...Don