RE: Ticker Trax - TRM drilling
I could read that quite a few ways, the positives are the onward dealings with first nations and one hole finished and second being drilled. The assaying is not great by the looks of it and it would be nice to know what the problems were. I wonder what other companies used the same assayer and if they are going back for retesting with blanks. Thom saying the stock is worthy and not owning does not carry as much wait as if he were a holder. John is very hard working and I do expect some great results also, as if it is there he is going to drill it. I like the equipment they have for locating drill locations. This is cheap in my opinion and I think I will pick some more up although I have a good chunk now. GLTA JMO
----------Original Message Posted 1/17/2011 8:55:59 PM----------
Here is the latest from Thom Calandra
Trueclaim: This is from Trueclaim Exploration (TSX: V.TRM, Stock Forum) and its president, somewhat energetic John Carter. Trueclaim has the Scadding Gold Project in Ontario. “The core shack and the team are ready for what promises to be a very successful program. The drilling started on Thursday, two days later than expected, due to some mechanical problems brought on by - 25 degree Celsius temperatures. The first hole is now complete and we are today moving to Hole #2. We started on the south zone where indications are we have good potential to expand that zone. This is based on the 200 meters we drilled in December. We finally have received assays from our fall drill program, some serious problems with our assayers created the long delay, and we are now compiling the data into our model to determine if we hit the anomalies identified from our spring and summer program. This coming week should see us enter into a contract with an independent firm to help us work toward building a compliant resource. We also had the pleasure of spending time on Thursday with Peter, Hans and Mike at the Wahnapitae First Nations. I am pleased to say we are building a strong relationship with the WFN. As we move forward we will start to provide a steady stream of news that we are confident will get the naysayers on our side.” The shares at 17 cents Canadian are worthy of purchase, and I do not own the stock.