Post by
LuckyVP on Aug 30, 2011 6:44pm
Batero
Our neighbour, Batero released some pretty good reuslts today that are consistent with the intercepts that we are drilling. We share the Dos Q. deposit.
It is no coincidence that we are trending in positive territory as the technicals indicate. Here is why:
43-101 deposit 1m+ oz Gold
drilling still happening at Miroflores
results pending on Santa Sofia (my favourite property)
$18 million in cash,
no cheap financing left (very little actually)- 30 million warrants @ 75 cents outstanding
the big boys that took the 30 & 50 cent financing
the recent 2.5 million shares of insider buying
management's decisions to bring the right people in
Hoping for another 77 and beyond very soon.
LuckyVP
Comment by
LuckyVP on Aug 30, 2011 6:45pm
Here is the link:
https://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsreleases%2Easp%3Fsymbol%3DV%2EBAT%26newsid%3D8290155
Comment by
LuckyVP on Aug 31, 2011 10:07pm
After some further digging on Sedar, I read the recently filed MD&A. It appears that the Santa Sofia and the other project (La?) were both busts becuase they did not encounter any gold mineralization. Close to 10 000 m of drilling and nothing to show for it. Ouch!
Comment by
TommyCash on Sep 02, 2011 9:25am
So why is Seafield there then?
Comment by
claumico on Sep 02, 2011 12:34pm
Where did you get this info.
Comment by
LuckyVP on Sep 04, 2011 12:09am
This link will take you to sedar's website
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00008323&fileName=/csfsprod/data121/filings/01791692/00000001/v%3A%5CSeafield%5CInterims%5CMDAQ22011SEAF.pdf
Cheers.