OTCPK:EXSFF - Post by User
Comment by
knife2on Jul 24, 2009 5:44pm
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Post# 16165048
RE: July 16th drilling
RE: July 16th drillingDrilling on both EL and PG won't start till around the end of the month. Both news releases said it would take about 2 weeks to complete their analysis and then they would continue drilling. So I would expect that if news is good on either property that the news would come out toward the end of August (The tape will tell you a few days before this). If we start getting into September and we haven't heard anything than each day that goes by would tell me that these drill rounds did not hit grade. In the mean time if you are a trader, I would take profits if the stock pops over the next 2-3 weeks. As it will probably be a result of a positive article or recommendation. These rallys have faded quickly in the past.