RE: RE: Nonsense...Re MercerI've been watching all the Colombian deals very closely and am invested in many. I've been in the cmj market and took some profit off the table when it was over $1.
Why did CMJ drop Guayabales? - I saw the drill results and agree that they're not stellar by anymeans.
CMJ drills 17 holes and only 4 hit, yet as orepass points out, the Mercer market cap with the one property is higher than cmj's? Yes, CMJ has potential to 'skyrocket' but I read in another post that they also had a shot at Bodega?? - The asset that's in VEN that has a $1B market cap?? Something doesn't seem right here if they're passing / dropping these opportunities.
Anyways, I'm going to watch the drill program at Guayabales closely to see what the results are - it says they start today.
PS. To say that the porphyry is 2500x1400 and derive a bulk tonnage estimate and infer a resource is ridiculous.
PSS. Goldbull - it's spelled 'colOmbia' ;)