GREY:CRXEF - Post by User
Post by
naimarantzon Jan 03, 2011 12:26pm
791 Views
Post# 17918381
2011
2011 Is aligned to be a great year for Creso. Gold assays are pending for both Minto and Duggan and more drilling is underway while management considers which of the known 18 gold occurrences to tackle next. Not a bad problem to have as gold holds record high price levels and unprecedented demand.
Considering hole #2 found 18.2 gpt gold over 65 meters and 4.6 gpt over 79.6 meters not too far below that, and hole #1 found 13.3 gpt over 82 meters below that in the same area the game has just begun with knockout results.
The only thing slowing this down IMHO is a website that needs to be updated to show the full results of hole #1 and properly describe the deposit as a significant gold system instead of a pod. The site needs to be constructed in such a way that the reader does not need to be a geologist to get the message.
I understand a more comprehensive website is in the works now and once the website is updated properly I believe the stock price will move up and hold on that alone. Once people really understand what is here these low prices will become a distant memory.