GREY:FNKLF - Post by User
Comment by
marketmineron Jan 19, 2007 9:52am
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Post# 12049335
RE: Thought of selling this AM
RE: Thought of selling this AMAgreed Midaszone...
As more of the warrants are exercised and beening gobbled up, the load is being lifted and the share price will move easier to the upside.
news on revised reserve estimate is due out anytime soon.. I think they said it would be mid January.
Looks like 2 resource revisions coming!
From NR 12/18:
The company will release a resource estimate to the 67 level in the first quarter based upon the recently completed very successful drilling campaign. The next phase of activity will include a drill program designed to define the resources to a higher category from 67 to 72 levels. The latter project should be completed by June.
also this:
A preliminary review of the drill results appears to indicate a significant increase in the resources to the 67 level compared with the nickel National Instrument 43-101 compliant resource estimate reported on July 11, 2005. Drilling continues to focus on the Lockerby Depth zone below the 67 level. Definition drilling to the 72 Level is scheduled for completion in late February