dunno, the softness might also be that despite the positive statements from CC, the Mohegan Prospect hasn't come up with good economic intersections in the first drill program, combined with rumours that Red Dale won't be the goods as yet either. I was actually a bit disconcerted to see the last few sections for Salt Creek as well, as we see the new correlations show a very steep narrow series of lenses, quite different from the way the dots were being joined in previous sections....this may be the real geology once they whack some diamond holes in, but it means that at least the last release of intersections are way off being true widths.
A variation between very steep lodes, and very shallow lodes is very interesting geologically though, as it supports the idea that we could be looking at similar geology to Sunrise Dam. However, we are a long way off substantiation of that at this stage.......
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
