GREY:CRXEF - Post by User
Comment by
tanninon Jul 06, 2011 1:17pm
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Post# 18801808
RE: RE: RE: RE: v.cxt Manipulation?Takeover?
RE: RE: RE: RE: v.cxt Manipulation?Takeover?Get serious guys.
HDI, and Dundee, had certain expectations, based on a likely mineralization model or models.
The drilling to date, we must assume, has determined that those models were not sound; ie, the ore is not where it should be for their models to be true.
For HDI and Dundee the decision is easy; goodbye.
That is not say that there is not a gold mine there, just that the ore isn't where it 'should' be, and thus, if it's there at all, it may take a lot of drilling/assaying to find it.
CXT now is involved in an uphill fight, hoping to get some good holes and thus be able to raise $$ and keep drilling.
Wouldn't suprise me to see another larger miner take another crack at the potential here, with another mineralization model in mind, possibly based on whatever results CXT gets from its work.
The game's not over, but the hope of a big and easy win is gone.