GREY:TWNNF - Post by User
Post by
beachmanon Aug 31, 2010 11:52pm
450 Views
Post# 17402652
What's worth waiting for?
What's worth waiting for?As it stands Chester exists as a non-compliant resource which means TRR can't make econominc projections based on the resource which means analysts can't either. That of course means Chester will exist as a black hole unless TRR spends millions and millions more defining the resource according to NI standards. I smell more dilution and further errosion of the share price.
I believe we've seen the best results we're going to see from Cote lake and any drill results released from hereon in will just lower the average grade IMHO.
....in other words this play has reallly lost it's sex appeal as a speculative exploration play.
I am sure glad I didn't listen to Digger when the share price was above a buck. I am certainly not going to start now.