GREY:CRXEF - Post by User
Post by
Durkastanon Sep 03, 2010 9:00am
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Post# 17411583
Drilling program
Drilling programI belive that this season's drill program is only 5000m or so.
Considering what a small program this is, it's really nothing short of amazing that they hit the grades that they did, with VERY significant widths. It is also very, very unlikely that holes #1 and #2 were outliers. It's hard to find juniors with a 65m mkt cap with grades like these.
V.ATC has been on a lot of people's radars recently. Their average grades before this year were in the 3-4 g/t range. This year, they hit 39m or 17.11 g/t and 59m of 8.72 g/t.
V.CXT can count 65.7m of 18.2 g/t and 82.5m or 13.3 g/t.
There are more assays in the pipe here - CXT management should be armed and ready to go with another financing upon release of those results. They need to be looking at an exploration program at least 10 times the size of this year's to really get this thing in gear.
The goods are there. But we need more holes to get noticed. Let's get this party started!