CGM 0.00% 0.1¢ cougar metals nl

resistance broken, page-13

  1. 182 Posts.
    Orabanda, sorry about the delayed response, heard it Tue/Wed? He was calling a friend mine, asking why he thought the SP hadn't taken off on the last announcement. RS was puzzled why as the report was very good. He was also inquiring if my friend was willing to sell some of his shares as he had sold some in the last few months and there were buyers wanting to get some (I assume off-market). Anyway, he advised that things are going well and the next result should be similar to the last. I read this as drilling business making good money and a 1000ozs.
    By the way, my friend advised that he thought the shares hadn't taken off because the news seemed to be too good to be true...I was of the same opinion. Was a bit suspicious that when the assays are done by external labs the results are pretty low (~5g/t) while when they are done in-house were huge (50-100g/t). In any case, the proof is in the gold sales and unless he is lying, it?s looking damned good....so much so that I loaded up big time a few weeks back on the strength of the last report.
 
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