TMX drilling results were excellent for a first timer. They have extended the resource and confirmed the mineralization is open both along strike and down dip. An email to their managing director Keith Wells received an immediate response yesterday and he says "that they are committed to a 5,000m drilling program which we will commence as soon as we have completed some detailed modeling of the deposits to optimize the proposed drilling. We are already looking into a second, larger follow up program. The objective is to at least double the current 200,000 oz resource before June 2007.
The junior gold sector in general is undervalued and has not yet reacted to the rapidly increasing gold price. It should be just a matter of time. We will continue to explore aggressively and efficiently and look forward to more and continually improving exploration results."
Quick response, accurate assesssment, good prospects and good communications. Good management. Four advanced projects to work on and $5m cash. Very low number of shares on issue with 200,000 ounces on the table with aims to double by June and lots of future work in good locations. Will be a future star !
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TMX drilling results were excellent for a first timer. They have...
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Mkt cap ! $6.181M |
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0.008 | 1120000 | 2 |
Last trade - 10.15am 04/09/2024 (20 minute delay) ? |
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