GREY:CRXEF - Post by User
Comment by
mousermanon Oct 31, 2010 11:09am
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Post# 17636572
RE: Gold is found at depth not near surface
RE: Gold is found at depth not near surface"The latest drill results from drill hole #3 concludes that the Gold being found to date is at depth. At these depths 1.5 grams / ton will not cut it."
Actually the deepest part of hole 3 hit 41 metres of 3.4 gpt AU , and this was only 25 metres from where hole 1 intersected 82.5 metres of 13.3 gpt au , read all of the news release please.
I think those are more than economical when tied together, this doesnt however look like an open pit scenerio , starting the shaft down the HOLE 2 mineralization and then accessing these other rich zones looks very workable to me, tho. JMHO , but CXT looks very oversold by some who are very poor at reading results.