SXL Longs!I spoke to Mike few days before the NR on Friday. Since he has opened pandora's box, I've decided to break my SH silence and post some details of our conversation.
Mike had a strong sense of confidence in his voice talking about Reserve Creek. He said it's no fluke that 5/9 holes hit VG. He has been up there for 10 years and knows the land inside out. Just as an fyi... most companies are happy to get 2/100 holes hit VG!!!
The multiple holes from the same set-up is for cost savings. He said that the different angles are like 20 metre step-outs without having to spend thousands to airlift the drill 20 metres west or east. He believes that they may have been able to trace the much elusive gold mineralization during this round of drilling. Something about what direction/where they approached the drilling from??? This made the mineralization more evident. The drill results will tell for certain.
Slam will at some point start a deeper drilling program at Reserve Creek to test for potential deeper gold deposit. Deep gold is also a characteristic of the Uchi region.
Mike will be in Vancouver on the 23rd and in early March in Toronto for PDAC. He will have samples of the VG for investors to see.
We also spoke about Silverjack, Brian, labs, and institutions holding SXL.
I thanked him for the consistent news flow. As an investor, I appreciate knowing the company I've invested my hard earned money is accountable and transparent. He also said to never sell SXL based on what a SH poster writes. Call him first if you have any concerns or questions. The guy is a champ!
PS- SXL Longs rule!
Back to silent mode.