More News - $1MM More Three Bluffs DrillingThis wasn't even on the list of future news.
CBR just announced today that they are going to keep the drilling rig and the crew working at Three Bluffs until October so it can 'infill and extend' the deposit and 'maximize' their drilling expenditures!
https://www.stockhouse.com/pfolio_v2.asp?page=displaynews&portid=1065033&viewid=5&newsid=4618716&symbol=V.CBR&fromalert=1
Obviously CBR is now charging hard to get as much inferred and indicated as possible before winter shut down.
And this darn stock is under $1.
And Desert Sun went from pennies to what, over $5 when it was sold.
Heck, Desert Sun's Bahia belt was only 150 KM long, and the grades were half as good.! Compare https://www.gold-eagle.com/editorials_05/zihlmann051805.html
Does anybody have an idea whether success with this additional drilling would justify doing a BFS for Canada this winter?
I've got to think that having 30km to open water on Committee Bay or from Churchill helps the economics.
I also think that once the Redemption JV starts production that CBR should dual list on AMEX.
What a totally unappreciated gem of a company.