TSXV:NORA.H - Post by User
Comment by
utellme101on Jan 07, 2008 1:23pm
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Post# 14162287
long awaited buyout
long awaited buyoutThanks for the news on the charts. No doubt in my mind that we will see a large increase in share price, shortly. Thats why I am heavily invested. I also believe we will see 130 m oz on the 43-101. But that depends on the number of holes reported back from the lab at the time of the resource calculation. The Martha vein is exceptionally rich. By my rough calculations, I guesstimate that the last 10 holes added about 13 m oz to the resource count.
They have completed the drilling on the Santa Monica and the San Juan. They are wisely puting all their resources into the Martha. That in itself speaks volumes.
Finally, we really hope there is no buyout pressure until late spring of summer. WE need time to prove out this rich mineral system.