devil in the detail

Hi guys

A couple of points

1) the focus of Excalibur remains firmly at Tennant Creek, having said that part of the funds raised in Dec are earmarked for the advancement of their other projects. This is a good thing as the Tanami is a very promising project.
I think the fact that they are now designing a drill campaign for 2nd half 08 is indicates that they have generated a number of promising targets.

2) The presentation contains a lot of old info re-hashed
BUT
look at pg 26 re; Rising Sun and you will see an intersection of 4m @ 23.83 g/t at approx 60m depth this is hole #ERSRC017. I will happily stand corrected but i believe that this data has not been previously released.

SO WHAT WE HAVE HERE IS ANOTHER HIGHGRADE SHALLOW INTERCEPT AT RISING SUN

I am sure that there are other little gems but one has to look very hard, lol.
Go back and look at the preso and DYOR.

ps; AJ you are very new to HC dont let the BS get to you. I and others have provided several indepth analysis of Co announcements previously. Perhaps you could provide us with your own synopsis as a set of fresh eyes are always welcome.


regards

BoomTrader