Re: under the swamp
in response to
by
posted on
Dec 13, 2007 01:14PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
I spoke with the prez today, and learned that there has been one drill turning on the property since the fall, but the 2nd drill will probably not be on site until the new year. They have already ordered a 3rd drill for the new year as well, and could have as many as 6 in operation in the future.
I asked about the assays for other metals and was told there is about a 90-day delay to get the full suite of assays reported. They are only rushing the gold assays because gold is by far the biggest portion of the total metal value.
I had expected some form of retracement in the stock but am pleasantly surprised. I still have my stink bids in below $4 but I think we will probably not trade below that level again unless a serious disappointment in drilling results is reported sometime ahead.
cheers!
mike