RE: NEWS IS OUT....yup the intervals are short, but it's not that bad nor that good....just average and thats why you don't see any dramatic action up or down....well a couple of people sold at low price cause may be they've lost patient and want a fresh breath of air, but i don't see hordes of people running to the door.
However the Exploration Objective as stated in the NR was more of a qualitative one than a quantitative.
and I quote:
The 2006 spring drill program achieved the major goal of determining that the extensive anomalies on the McNugget property are due to massive sulphide accumulations and are not graphitic or barren formational conductors. The majority of these anomalies are still not tested. The current drill results coupled with the extensive anomalous base metal values and the long strike length of the known VTEM anomalies leads McDonald to conclude the McNugget Property has the potential to host a major VMS ore body.
If the results weren't encouraging they wouldn't have planned to start the next exploration round so early next month. Still long on the one. Good luck to all.