GREY:CPLJF - Post by User
Comment by
prospector24on Feb 01, 2007 9:11pm
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Post# 12145619
clarification
clarificationim not sure where you get the idea that companies must release news. companies are only required to release news if the news will significantly impact the share price - good or bad (ie. company finds a kimberlite pipe full of diamonds or a Bre-x type scenerio where all the gold majically dissappears one day). I know of ALL KINDS of companies that have drilled crappy holes and NEVER released results. It's perfectly legal.
At any rate, people here need to 'chill out'....the assay labs in thunder bay are severely backed up. There are hundreds of meters of drill core coming into the two labs in Thunder Bay on a daily basis. What was once a 2 week turnaround is now a 4-8 week turnaround. Suggesting the drill results are bad because you are simply impatient to have results come out is foolish.
This company is on my short list of companies for a huge price increase based on what i have heard throughout the mining circles and knowing the areas they are working in.
Shouldn't be that much longer before we are in the 30's.