GREY:LBEFF - Post by User
Comment by
angler21on Dec 17, 2007 2:57pm
348 Views
Post# 14033513
RE: Good News
RE: Good NewsI suppose you could say the ship had sunk and you would get the same reaction in this market. The news on Hart is actually progressing to becoming very good news. It might actually be more than a pod. It might actually be becoming an intrusion but company must ascertain it. Notes for holes 7,8 and 9 on Apr 27 refurred to Massive Sulphides at 115 m. Hole 26 notes on 22 Aug said site was open at east, west and depth. We are going to depth at 500m and 700m. If we come up with pay dirt - wow! Still alot of work - but...
Then comes McWatters. It will not be nearly as costly to develop as at Redstone. Need area for staff, The settling and treatment ponds are well underway, ramp is being worked on. McWatters is #1 priority for first 5 months.
Then comes the money. Our concentrate we are going to see by product credits on the majority of it. ROE is much more beneficial. At these prices it is a giveaway. Tax loss selling time is certainly a great time if you have money. You can go cherry picking all over the place.
There are certainly alot of ambitious plans for our company. When we get all our 43-101s we will certainly start seeing some of the potential. If you think of McWatters as being a pod with intrusive flow disseminated. Where does the intrusion originate. Geologists are still working on that. These are really exciting properties. Got me interested in Geology. Removing emotion from all this - this company has alot of potential there. As you read you just scratch the surface. Do I think this is good news - Yeah I do!!!