TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

Free
Message: Re: Do we have someone who can place this news release in perspective.

Tha map on the press release http://www.kitco.com/pr/1586/article_05132010130018.pdf

shows 27 holes drilled for 2010 but the text indicates 25 holes. Only the results from 5 holes were reported and , of those 5, only one would be considered high grade( HR10-388). The hit rate has dropped significantly from the 2008 drill results. They are adding more resource but now need to get some bonanza grade intercepts to re-ignite interest in Hercules in the near future. The full drill table will be posted on the website according to the press release. I think now the millions of shares trading this week is bottom feeding which is no consolation for existing shareholders.

Share
New Message
Please login to post a reply