Re: Assays
in response to
by
posted on
Jun 12, 2008 06:25AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
the statement that companies drill the best targets first is totally incorrect..... for various reasons... one being location which maybe can't be drilled during open water season.... and of course "best" is a moving target as one drill hole can change the way the geo sees certain things..... assays are NOT everything as they come out.... sometimes holes are punched more for geological reasons to trace a trend.... its short term traders and people who don't understand what the drill program is about that place so much importance on each assay .... there is a bigger picture here, just like coach says.... a MUCH bigger picture.... so we let the sellers sell and the buyers buy... that is what makes a market.... we will see who is right as the story plays out.... just think for a minute about WHY the people put in $54 million dollars into this play at much higher prices.... are they stupid...???? hardly or they wouldn't have the money to put in the PP....