GCR 0.00% 0.4¢ golden cross resources ltd

large tonnage potential mesothermal discovery, page-16

  1. 4,618 Posts.
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    Y and SS

    All that aside my reaction to the announcement was excitment. Yes results pending of course BUT

    To go to the extent of announcing the drilling was half complete and describe VISUAL obs + show core photo's was a most interesting departure from past announcement style. OK it might be the individual style of Chris Torrey, but lets think about motives for such an announcement.

    Lets say no announcement was made, a standard way of operating. The info leaks out that large 'mineralised' intersects were encountered - SP increases for no reason. hmmmmmm then the results come out and its a bomb! hmmmmmmmm

    Yes management have probably done their best to ensure full disclosure in case of the results being spectacular.

    The report was quite technical and in many respects I think that was smart. Not many could interpret that style of report all that easily. When I saw 'Galena' I nearly wet myself - lead and silver immediately came to mind. Then the quartz vein was intersected - CONFIRMATION of mineralisation.

    For mind these preliminary results are extremely encouraging. I'm glad I'm in and sitting tight! And we haven't even tested that really interesting looking ridge formation nearby!

    GC
 
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