RE:RE:RE:Incredible, Step Out, Drilling Results!! Considering that most stocks except the precious metals got hammered by the market today, I consider our modest gain today, more than satisfactory. We didn't maintain today's highs but with the market in a sell-off mood, that wasn't too surprising.
Stay in quality gold or silver companies for the duration of this uncertain recessionary period!
With the recent drilling discovery of some significant intercepts of bonanza grades of gold found within fairly large widths of high grade gold, the market should continue to reward Torex shareholders later this week.
Remember that these intial step out drilling results require their confirmation by additional infill drilling to be done, early next year.
If this resource is confimed as substantial, then this kind of news should really peak, the market's interest!
Investors do need to exercise some patience, for their very best reward!
One must now wonder what other, most pleasant surprises, may come our way, from any future step out drilling that the company may happen to make on its property.
Underground resources are more expensive to extract than those which are taken from the open pit. But with the highest of grades now added to the available resource which may be obtained from Torex Gold's underground mining operations, the company will continue to be a very profitable mining enterprise.
As well, higher gold prices will only add to the upward momentum which makes the profit picture, even better!
It is a pleasure to know that Torex Gold may be a very profitable mining operation, no matter where their operators may happen to mine on their property.
After the second mine has become commercial, perhaps more such deposits may be found as future explorational drilling, begins in earnest!
The company's mill has a significant capacity. To be the most efficient, it should be operated at maximum capacity. That appears to be no future problem for Torex Gold Resources. They do appear to be blessed with a property, chock full of valuable ore.
Mexico is a land of many riches! There is a lot of gold, silver and copper to be found here!
All the best! Java