GREY:TWNNF - Post by User
Post by
beachmanon Dec 01, 2010 11:26pm
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Post# 17787463
Analysis of News Release
Analysis of News ReleaseIMO the best part of today's NR is the surface sampling results from the south breccia zone which averaged 1.41 g/t on Line 92. This area is well to the north and west of where the big interesection came from. Looks like there may be a decent sized open-pitable deposit sitting right there with a very low strip ratio. Hole 28 was drilled right beside the outcrop but there is no data further north....hint....it's wide open to the north. Futhermore drilling at 98000E has not been carried out along the adjacent sections (91 and 93) so esentially it's wide open to the east and west as well. Hard to know how the markets interpreted the release. What was today's action all about anyways? Was it based on a leak or was it people just piling on board?