Re: Contingeous Fever - Kerrs style
posted on
Jul 12, 2008 03:54AM
Focused on becoming a near-term Gold Producer
longbomb:
Have said this many times before but... great work! 10 recos thus
far and counting... and its very early sat morning!... please keep up the great work.
This map clearly shows the massive increase in Kerrs staking. Kerrs claims have increased from ~2,100 acres in 2005 to ~18,800 acres as per Feb 7, 2007 NR. That's a massive increase. If you read every Kerrs release since 2005 you will notice each NR the size of the property gets bigger and bigger. Why I wonder? Remember, Kerrs used to be SGX main property. Nigel once said he believes there is a mine there but they just have not found it yet.
Also shows how very close recent EXS-v/Eastford Lake drilling really is to SGX-v Kerrs boundary... you estimate to be ~420m. A previous Agoracom post re: Kerrs-Eastford Lake distance stated distance was 5km... but that was the distance from EXS drilling to Kerrs drilling site... not rto SGX claim bourdary. Someone on SH EXS-v board (who is seemed to call everything right) suggested SGX actually provided data/info to direct EXS where to drill in its last program. The line on SGX mag map would surely indicate that.
As I have said before, I think there were many reasons we have not heard much about Kerrs as of late (i.e. MASSIVE staking taking place, MOU with First Nation, and Sheltered Oak going public). When the Lucrum/Sheltered Oak company deal closes and starts to trade things at Kerrs should heat up. I remember previous posts saying Sheltered Oak owns their own drill and they can drill all year round at Kerrs.
As Allan Barry eluded to re: SGX (after meeting w/ SGX mgmt and
explicitly saying he likes their 'gameplan' I might add)...
sometimes a company's share price is going down when the company is in fact improving its fundamentals... very interesting comment to make re: SGX IMO... Onaman staking; Kerrs staking; Paint Lake, King Solomon's Pillars, Missing Link, Cote Two Rivers; Jacobus road, striiping trenching and sampling; What else have they been up to? Likely much more than we know about. Confident we will know when the time is right.
I also found Barry's remark re: 'I will have to do more homework' interesting when asked if he liked SGX at these prices... maybe means he wants to include in his letter?... maybe means he wants to buy some more first?... maybe just simply means he wants to do more homework?... but how much homework would you have to do after meeting with SGX mgmt and already saying he likes their gameplan and fundamentals likely improving?!... Again interesting, nothing more.
red911