Re: power of the drill bit
in response to
by
posted on
Sep 16, 2009 02:33PM
I am no guru when it comes to analyizing NOT's drill maps, but it appears to me that NOT's step out holes that showed mineralization were due west of the main eagle one. If true, this is somewhat of a downer. I was hoping that the step outs would trend north or northwest towards PRB's JV claim. On the other hand though, it doesnt necesarily mean that there is not any mineralization trending towards PRB's JV claim, it just means that that no mineralization has yet been discovered. Thus, there is still hope.
I am hoping that we will soon get a PR on the fall drill program. I am thinking that if Dave P ever gets the geology reports from NOT, and if they show good potential for mineralization on the JV claims near Eagle, then he will decide to drill there. If that happens, then I am hopeful that we will get some nice upwards SP action in anticipation of good results.
We got great news this morning that West Timmins has commenced drilling and already we are seeing nice SP appreciation. If PRBV ends up drilling norht of Eagle and we then get some positive drill results there and then couple that with potential positive results from West Timmins and we could have some real serious price appreciation.
Of course, this is speculation, but entirely possible. There are no guarantees, but I think the risk vs.reward is well worth it.
Good luck to all. Profitz