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Creso Exploration Inc CRXEF



GREY:CRXEF - Post by User

Comment by naimarantzon Feb 12, 2011 10:29am
657 Views
Post# 18122161

RE: FYI..article...or opinion on CRESO.

RE: FYI..article...or opinion on CRESO.

A dedicated basher (shorter?) has shown up, Creso is has good support at .42, this is not good for a shorter, efforts must be made to bring the price down!

Dragging up a one view article from 4 months ago is hardly constructive. Just one person's obviously shallow opinion.
If Creso's future was based on Minto alone he may have a point if alll drilling had ceased at the time of the article.
Lets leave Minto's spectacular grades of which a hole (since this previous article) indicates the edge of a large halo from a large deposit of which the spectacular grades are part of. But lets just leave that behind for now.

This misinformed or DD challenged chap misses the fact that Creso has over 35 other documented gold showings over their property.

The Duggan showing is a start up gold mine that was abandoned by the now expired moratorium, it has several levels. The previous drilling grades show 76m of 1.5 grams, 93m of.87 grams and 30m of 2.9 grams. This info alone is enough info to start up a junior gold company. We are new expecting drill results from here.
 
The Tyranite showing is another mine shut down because of the moratorium. It has a previous non 43-101 resource of 428,000 tons at 6.9 grams per ton gold. This alone is enough to start up aother junior gold company.

The Churchill property pre-moratorium bulk samples had the tailings test for free gold and found 15 grams per ton of free gold. Well worth pursuing, I could see a start up gold company dive into that property without hesitation.

The Morel property has.silver. Silver in Canada is a good thing especially with grades from 219 grams to 603 grams. Silver is in backwardation and no end appears in site. It is leading gold now and is projected to outperform gold for some time. It also has copper averaging 13% in the same shaft dump and trench samples. A totally seperate junior company could justify further exploration here too.

Did I mention the 35 documented gold showings? Or the large Creso/Platinex JV of which drill results are pending?

Creso obviously has the goods and more. They have pending drill results from various properties and the drills continue to turn. There is a highway to this Canadian district play and infrastructure. They have a world class geologist (who pointed out Ventana's potential early on). This geologist believes this is a district play and he has tied up significant sized proven properties and believes Minto (remember Minto) is the foot of an elephant or several elephants.

So before taking an article on the internet as gospel do your own DD which will lead to the above conclusions. In fact if you dig more you will find out more. The share price at .42 will be a rear view memory in the not too distant future.

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