GREY:CRXEF - Post by User
Comment by
dudediligenton Feb 09, 2011 4:23pm
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Post# 18104641
RE: RE: Not impressed
RE: RE: Not impressedYes, I see they changed the NR rather quickly. I had to send them a note to thank them for profits made but then I had to scold them for their blunder as mistakes like that could be costly. I would expect this to trend back down below the recent lows as these latest drill results are quite lame.
They need step out drilling of those MC09 holes to create investor excitement. That has yet to be accomplished and the other drill cores have not provided the spark. Looks like they realize that....Until then put this one on sleep mode and put your money elsewhere.
Work plans for the first half of 2011 at Minto include additional shallow and intermediate length holes to better define the upper zone and the controlling feeder structures. Wedge-off holes from MC09-01 andMC09-02 are also being considered to further test the lower zone mineralization. In addition, a resource estimate will be completed by the end of the 2nd quarter 2011, which will likely require some additional shallow drilling within and around the Minto Pit. Lastly, geochemical modeling of the gold-bearing intrusive complex at depth, as well as petrographic studies of alteration and mineralization, are underway.