RE: Shaking the tree?I think this all to do about nothing, a lot of people got some cheap shares today and some people panicked. I suppose that is the way the market is now since last fall.
I am no expert and please correct me if I am wrong but, aren't some of the holes released today drilled in order to show the extent of the zone in one region? They are not reflecting the true value of this property, sometimes you need to find your perimiters it is all part of exploration. The quote from the release that should be read is :
"We believe we are potentially under-reporting gold from the high-grade margin of the South Miwah Bluff Gold Zone due to poor drill recovery. Despite the poor recovery issue, however, the Company's first two holes through the western margin of this newly discovered zone are strongly mineralized and support what we have seen with our surface mapping and rock sawn channel sampling. We have recognized a 10 to 20 metre wide high-grade gold zone running along the western margin of a larger gold-bearing diatreme breccia feeder that makes up the South Miwah Bluff Gold Zone. This gold-bearing diatreme breccia, as exposed at surface, is approximately 650 metres long and up to 300 metres wide, and our sampling and drilling to date has shown that the diatreme is strongly gold mineralized throughout. Hence we see the first two holes as being indicative of the huge potential of the South Miwah Bluff Gold Zone. These holes were a large step out from previous drilling, being more than 300 metres to the south of previously reported drilling in the Main Miwah Gold Zone."
Oh and btw "Vug" definitions: a small cavity in a rock or vein, often lined with crystals., or A small cavity in a rock or vein, often with a mineral lining of different composition from that of the surrounding rock.
Take it for what it's worth.