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Birch Hill Gold Corp. FNTRF



GREY:FNTRF - Post by User

Comment by michael211on May 11, 2011 2:46pm
147 Views
Post# 18561472

RE: Motive??

RE: Motive??i am wondering how you get this conclusion ? All people know that the result is not good, actually it is bad, from the three new release of the 6000m drilling, i can see it becomes worse and worse, that is why the share price didn't soar at the first news release , which is the best comparing with the other two. During the drilling, the workers can estimate the grade of the drilling sample at a glance, we can expect less grade in the rest hole results.  The CS properties is only 5000+ hects, and the previous estimation is 5m tonne at 1.4g/t, if it wants to get 1mm ounces gold, how many ore do they need to dig out ? comparing with the moss lake, the same low grade deposit, but it has 50m tonne rocks, does the CS property yield 50m tonne ores, and most important, FDN only owes 60% interest of the property, it is just an operator, not the owner.

If all the cheap shares are bought by you, how will the smart money make money ?

so my conclusion is the 18cents is not the bottom.

This is only my opinion, always do you own dd.
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