GREY:PMVGF - Post by User
Comment by
twintomatoeson Mar 02, 2011 3:26pm
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Post# 18220876
RE: Just noticed this
RE: Just noticed thisThey have been buying this stock since its run up to 80cents couple fridays ago!!! This is the next Perseous minning stock. I must admit I took some profit off the table today but still have a nice sized position moving forward.
This new team assembled here are going to make this stock fly!
This was nice drill holes reported today!
- Drill program to be expanded from two to five rigs
- Ongoing infill drilling at Obotan confirms wide zones of moderate to high grade intersections including 80.08m @ 7.49g/t gold
- Funds from recently concluded $35M Australian IPO and Canadian placement support an expanded extensional and in-fill drilling program of up to 40,000m at Obotan
This core returned an intercept of 20.86m @ 17.61g/t Au within an overall intercept of 80.08m @ 7.49g/t Au (uncut).
Table 1 - Significant Gold Intercepts (>10.00 g/t Au metres):
| Drill Hole | From Metres | To Metres | Intersection Length Metres | Weighted Avg. Grade g/t Au (uncut) |
| NKR10-020 | 182.00 | 195.71 | 13.71 | 2.21 |
| NKR10-022 | 272.79 | 519.00 | 246.21 | 1.27 |
| Including | 272.79 | 293.00 | 20.21 | 1.86 |
| Including | 337.00 | 337.80 | 0.80 | 18.94 |
| Including | 353.00 | 377.00 | 24.00 | 3.18 |
| Including | 361.15 | 362.30 | 1.15 | 15.35 |
| Including | 418.00 | 463.40 | 45.40 | 1.92 |
| NKR10-026 | 329.00 | 349.70 | 20.70 | 1.05 |
| | 354.17 | 364.48 | 10.31 | 1.25 |
| NKR10-027 | 271.48 | 274.00 | 2.52 | 9.58 |
| | 365.76 | 374.09 | 8.33 | 5.14 |
| | 381.00 | 385.40 | 4.40 | 2.93 |
| | 435.00 | 440.19 | 5.19 | 3.29 |
| NKR10-028 | 270.50 | 284.20 | 13.70 | 5.33 |
| NKR10-029 | NSR | | | |
| NKR10-031 | 256.92 | 337.00 | 80.08 | 7.49 |
| Including | 256.92 | 269.54 | 12.62 | 3.01 |
| Including | 278.06 | 283.56 | 5.50 | 18.11 |
| Including | 306.65 | 327.51 | 20.86 | 17.61 |
| | 356.00 | 366.00 | 10.00 | 1.17 |