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Birch Hill Gold Corp. FNTRF



GREY:FNTRF - Post by User

Post by Fusion1on May 03, 2010 9:18pm
894 Views
Post# 17058628

Good Point

Good Point
Good point about the Noranda drilling. Except that these holes are not twinned,these holes are encountering huge intersections of high grade gold the deeper the holes go,Noranda NEVER did.That it is NOT just "producers that benefit from exposer of higher gold prices but also "juniors" that demonstrate that they have a resource and the ability to increase that resource.The holes ALL ended in Mineralization and are all open to depth,so toss out your Noranda numbers because the playing field has changed completely.
 
The Sanders Zone was never included in any calculation,nor was the Span Lake,Goldie Zone,Iris Zone,Burchell West,Skimpole Lake,Broadhurst pennisula.
 
As to your comment about the funds at .15 versus a million at .40 those are the numbers that the company would be looking for,I humbily suggest that the number will be in the MILLIONS of dollars,the days of small drill and work plans for this company should be over.Larger more entense detailed exploration will be the order of the day.Look around I read 3 news releases in the last three days of companies that are NOT producers that have announced 10 million plus dollar financings,point being money is coming to the table of many juniors.
 
John kaiser has had his radar and the buy rec is still out on Moss Lake,what if that deposit trends on to the Foundation Property.Will Wesdome look at a production scenerio with Moss Lake if the answer is no what are they going to do with it.!.5 million ounces next door,what will the Span Lake show.
 
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