GREY:TSMNF - Post by User
Post by
MikeRocapon Jun 16, 2011 4:24pm
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Post# 18725856
Drill bits, grains of salt and due diligence
Drill bits, grains of salt and due diligenceTalked to the company earlier today and I was pleased to hear that they see every reason to believe that the previous drilling was accurate. In fact, they are apparently so comfortable that they have decided to extend and expand the drill program before they have a chance to analyze the new data.
“It is all visual, but it is all mineralized and that sort of decided for us” I was told.
I take all non-written information with a grain of salt, but having looked long and hard at the data from the previous drilling, I am pleased that Tosca raised money when it was available and are using it on the drill bit. When I look at how far and how fast the company has progressed it adds to the faith I have in management, which is always first in my due diligence!
This story gets a little better and then a little better, and then ..... a little better again.
Mike!