TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Conference

Re: Conference / Previous Eastmain experience

in response to by
posted on Oct 22, 2007 09:40PM

The Eastmain code is ER on the TSX.  When I need to know a symbol, I go to Google Finance (finance.google.com), and start typing the company name.  The right answer starts showing below before you've even fiinished typing the name.  The stock has been between 60 cents and $1 roughly, the higher price ranges related to the discovery news.

Good on Coach247 for giving a relevant discovery.

The overall impression I get is that there is a significant ore body there.  I agree that it will take time to delineate.  Early drilling just looks for intercepts with the ore, so as to figure out what its dip angle into the earth is.  In later drilling, they know where it is roughly, and they try to make a 3D picture of it.  So it will indeed be a good while yet.

I don't put too too much weight on the fact that there hasn't been insider selling.  The KXL team are pros, and pros know that this is something investors look at.  They don't need the money personally, so they have a "no sell" rule in place internally.  That's all.  They're also "pros" at promotion, not that that is a bad thing in itself!

All best / cedartree

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