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Bullboard - Stock Discussion Forum Creso Exploration Inc CRXEF

GREY:CRXEF - Post Discussion

Creso Exploration Inc > Market implied value
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Post by Durkastan on Nov 01, 2010 3:06pm

Market implied value

Just one question for everyone:

Do you think that CXT.V is worth 40% less today than it was a week ago?
Comment by ybone1 on Nov 01, 2010 3:41pm
 To me it appears that management operates as a mid cap stock. From what I read on here many would like them to operate as a very speculative microcap, giving you a play by play on drilling the one hole that was budgeted for. As was said CXT has made a discovery. The last news release should give you an indication as to what kind of discovery. I believe the words were very large alkalic gold ...more  
Comment by Durkastan on Nov 01, 2010 3:56pm
I understand why the price dropped. The mineralization in hole #3 is at too great a depth for open pit mining. But holes #1 and 2 are both at depth too. It would seem that an underground mine is a foregone conclusion.Too many people thought that hole #3 would turn out like the first 2.Sorry guys, not every drill hole can be a ringer. So some initialselling happened, followed by the inevitable ...more  
Comment by altcar3 on Nov 01, 2010 4:01pm
What is the true widths of holes 1 and 2 ????????
Comment by bullrush18 on Nov 01, 2010 5:20pm
Why are you not directing these questions to the company? Seems to me they, if anyone, ought to be able to answer you. I mean you can bang your head against the bb wall if you want but it seems you could bark up another tree with more success and then report back here.
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