Milestone...

TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

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red911

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Milestone...

posted on Sep 01, 2010 08:43AM

For the record I like this GGR deal... 1.5 million oz Au for a discount price... significant shares (~20% ownership on a FD basis) of NMX (they have a lithium NI-43-101 resource BTW)... and many other promising properties... etc.

But... I will say it again... I am liking their language in the NR re: Milestone... i.e. "vaulting Kodiak to a new higher valuation threshold"... Sounds a bit ambitious BUT remember they did not have to include much detail on Milestone in this GGR acquisition NR IMO. So why did they? And why did they include such dramatic language?

Milestone drilling is ongoing and assays are pending... would the 'new KXL' include such language? That is the question.

They compare Milestone to Hammond Reef... that would mean 100m plus of 1-2g/t Au... Milestone has already pulled 20-30m of 1-2g/t Au... just need to get the interval up and we have it...