If you look at TMX, they got rid of the tenement because of the low grade ore after spending huge amounts on surface and drilling as i understand it, so , given that, and the fact that to date the grades are ok but the strikes are tiny, i would be cautious, especially now we know they have a big amount of cash going out from the last drill which was ordinary !This is my understanding of why TMX got rid of the tenement back in 2008 ! I say this because the same funds are shown at both quarterly reports, but the latest only has 4 quarters left so its a hit and miss when the CR is coming !
Good luck all,
RC1 Price at posting:
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