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Channel Resources Ltd V.CHU



TSXV:CHU - Post by User

Post by mrcashflowon Jun 23, 2010 11:29am
374 Views
Post# 17214328

I'm here for the drill holes

I'm here for the drill holes This company has now caught my attention based on the fact they have finally announced  a Phase 1 drilling program on its Tanlouka gold project in Burkina Faso, West Africa. The program will comprise approximately 2,500 metres of RC drilling focused on five discrete target areas in the Mankarga Zone in the southern part of the property.  I already own several West African plays,  one would hope that Channel can continue to have success in the region,  like many other junior exploration companies have already shown.  Needless to say I feel it is worth the price of admission to take a conservative approach and take an equity position early with this play. The Phase 1 drill holes should give shareholders a very realistic idea of the potential for this play. In the meantime, it's just a waiting game until will receive assay results clarifying the underlying value lying beneath the surface.

 May future endeavors bring riches beyond your wildest dreams.

 MrCashflow
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