Timmins & Beardmore - Northern Ontario

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Message: Re: Veins 6, 7 and 8.../Red911
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Apr 07, 2009 08:42AM
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AGORACOM
Apr 08, 2009 06:02AM
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Apr 08, 2009 06:32AM
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Apr 08, 2009 06:45AM

Apr 08, 2009 06:56AM
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Apr 08, 2009 07:02AM

Apr 08, 2009 07:19AM
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Apr 08, 2009 11:27AM

killick:

Good points. Thanks. When I said they stopped stripping and trenching (S&T) virtually overnight I was just trying to make the point that they have finally made the decision to drill. By default this means they feel their S&T was successful and have discovered sufficient targets to drill. Obviously great news. But in this market, why now? Why not S&T all summer long and continue (presumably) to uncover gold-bearing quartz veins? Would save a ton of money. I think we all know the answer to this question... market not reacting at all to sampling results. Therefore, unless they want to raise even more money at these foolish valuations drilling is not really an option, it's a necessity IMO.

re: vein mapping... I assume that process is ongoing as we speak... anyone have any idea for sure? The reason I say this is because they did manage to map multiple vains in the initial discovery during the dead of winter... now that snow is melting away I am sure this process can continue. No heavy equipment required to map veins. Am I wrong here?

red911

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Apr 08, 2009 07:10PM
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