GREY:CUDBF - Post by User
Comment by
hiker1on Jul 08, 2011 9:51am
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Post# 18810035
RE: A Lot Of People
RE: A Lot Of PeopleYeah, Hills, alot of folk are watching and I think also that alot of folk, including myself, missed the significance of this on the last release which was most likely due to the vast amount of info to digest in the release as a whole.
One prolific placer creek drains a newly discovered quartz-sulphide breccia that has been identified as a potential source of coarse angular placers with nuggets reported up to 4.5 ounces. Both the ARIZONA and OLIVER properties cover metasedimentary rocks that also have potential for Carlin-style as well as intrusive-related mineralization (Murphy, 1997), and both properties have direct road access.
With the ownership POP has in Goldstrike, out of their 24 properties consisting of roughly 780 sq klm or 79,000 hectares, POP owns 8 of them and with who they have as a geologist doing the picking, these could most likely churn out the cream of the crop in the Yukon.
With such a tight share float in GSR, any proving up through their drilling will result in a large cash position in our kitty. Should this occur, there may be little need for further financings to drill to our heart's content on the Sask and Man. properties which in turn, will be greatly rewarded in our future sp.
GLTA