Takeover thoughts?
Huge sulphide intersect. If it follows the typical analysis of previous drillings, tonnage amounts and metal values should go up considerably adding to overall value of Nash property! No reason to think otherwise!
Nearly 17M shares traded obviously pre-establised between large institutions ..... not unusual before a takeover or merger or partnership.
Wondering if as posted before :
Nash Creek has an established NI 43-101 compliant lead-zinc-silver resource currently standing at 9 million tonnes (indicated & (15m) inferred). Any expansion of this resource could trigger interest from Xstrata, which operates the BMS 12 mine nearby. Xstrata is in need of smelter supply, as BMS 12 is projected to shut in 2011 due to ore depletion. (Agoracom)
Interesting events pending PDAC etc.
More to come with analysis.
Gold at $1423 Silver at $34.27 Copper at $4.45 lead-zinc at $1.13-1.15.
Patience will be paydirt,longs.......!
Solver