Cipher Resources Inc DREXF

DOX is undervalued

[GDAWG77]

You want to prove me wrong? then why is NCU trading at $2 a share when today they anounced very similar results to DOX. YOu know why? Two reasons:

1) DOX needs the other 5 hole results in order to move

2) anonymous keeps selling regardless of news

Here from todays news is NCU's results, so their Cu is a bit better, and they have  TINY bit of Ag, but Au and Iron very similar. NCU also has more than double the float of DOX.

 EAST DEPOSIT
                   Assays greater than 1% Cu

Drill hole   From     To  Length    Length   Copper   Gold   Silver   Iron
#              (m)    (m)     (m)      (ft)      (%)  (g/t)    (g/t)    (%)

NC07-27     467.7  476.4     8.7      28.5     1.27  0.134      2.5   20.7
            509.5  532.2    22.7      74.5     2.30  0.298      5.8    7.9
including   509.5  514.2     4.7      15.5     4.29  0.370      8.0   10.4
including   528.5  532.2     3.7      12.0     4.62  0.777     13.1   13.0
            542.1  550.1     8.0      26.5     2.16  0.164      8.1    6.6

NORTH DEPOSIT
                    assays greater than 0.3% Cu

Drill hole   From     To  Length    Length   Copper   Gold   Silver
               (m)    (m)     (m)      (ft)      (%)  (g/t)    (g/t)

NC08-01              Unable to complete to targeted depth
NC08-02     311.8  313.3     1.5         5     0.35  0.004      0.4
            319.1  337.7    18.6        61     0.51  0.007      0.5
            348.4  349.9     1.5         5     0.33 -0.001      0.4
NC08-03      48.8   61.0    12.2        40     0.48  0.011      0.5
            186.2  198.7    12.5        41     0.37  0.028      1.9
            216.4  217.9     1.5         5     0.31  0.013      1.6
            236.2  237.4     1.2         4     0.33  0.061      2.3
NC08-04     245.4  246.6     1.2         4     0.33 -0.001      1.1
            254.3  266.7    12.4      41.0     0.97  0.079      1.4
            278.3  279.0     0.7       2.5     0.59  0.037      2.4
NC08-05     164.6  176.8    12.2      40.0     0.58  0.116      1.5
            184.4  194.1     9.7      32.0     0.39  0.021      1.2
            208.6  210.3     1.7       5.5     0.49  0.012      1.2
            216.4  233.2    16.8      55.0     0.90  0.067      2.7
            245.4  248.4     3.0      10.0     0.38  0.058      0.9
            236.6  265.1     1.5       5.0     0.31  0.027      1.0

  JK-34 TARGET
                        Assays greater than 1.0% Cu

Drill hole   From     To  Length    Length   Copper   Gold   Silver   Iron
               (m)    (m)     (m)      (ft)      (%)  (g/t)    (g/t)    (%)

NC07-12     612.3  619.9     7.6      25.0     2.21  0.104      4.7    5.9
            622.7  624.2     1.5       5.0     1.43  0.035      4.7    4.2
            630.6  632.1     1.5       5.0     2.00  0.032      4.8   10.0
            662.0  663.2     1.2       4.0     1.07  0.044      3.0    4.3
            725.4  726.9     1.5       5.0     1.10  0.090      4.1    5.5
            734.9  736.7     1.8       6.0     1.14  0.066      3.6    6.8
            752.1  753.2     1.9       3.5     2.05  0.132      7.8    7.2
            876.0  876.5     0.5         5     1.22  0.010      1.5    1.8
            884.5  885.7     1.2         4     5.03  0.066      7.1   20.1
              890  894.7     4.7      15.5     2.23  0.038      3.1    4.6