Creso Exploration Inc CRXEF

CXT JV

[ministerfinance]

There is a very strong indication of a CXT JV with a major exploration company. All evidence points toward Hunter Dickerson (HDI) as the major investor. The JV is still only a verbal contract as they go through due diligence. This information was rumoured at the PDAC mining show and now many people are in the know. This period of silence has allowed the likes of Dundee, Canaccord, Jitney and Macquarrie: as well as, other to short the stock to a significantly oversold position. Do not be concerned at the lack of drilling currently as HDI will bring in a fleet of drills. For those who are not familiar with HDI, they are a first-class company with its own engineering, geologists, drill equipment, financial group and investor relations group. HDI is the partnering company with Detour Gold to only mention one project they are involved with in Canada. Hold on to your shares and watch the shorts get burned! This is not April Fool's Day joke.

[wadeja]

Not sure what is real and what isn't but I have been averaging down over the past few weeks and have more than doubled my position.  Spoke with IR a couple of days ago and it sounds like we should be hearing something very soon, I hope!

[ministerfinance]

There are lots of good holes (vg and assays)  to report upon. The news can only come out once a contract has been signed and you know how long lawyers take. I just hope not too long as the shorts will rule the day again at the expense of the smaller investor.

[wadeja]

WHy does Dundee continues to sell???  I would think they should have a clue as to what is going down at Creso.  I don't know the firm but have heard others suggest they are a bunch of small time pimps.

[ministerfinance]

Dundee and others held millions of shares from the initial financing last June and their average sp is very low. I am convinced the shorters know the due diligence period. They really have nothing to lose until it is official with Hunter Dickinson.