OTCPK:CFMSF - Post by User
Comment by
RicherNowon Apr 12, 2011 11:48am
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Post# 18419220
RE: RE: apathy and impatience priced in.
RE: RE: apathy and impatience priced in.You know, I have been all over the range of views of why this is occurring, I have given up trying to assign motive to Osisko or Clifton Star, Osisko is the operator and they will operate according to their plan and interest, no mystery. The situation that exists is stagnant until Osisko reveals their view (will they continue in the JV?) and resource model of the Beattie/Donchester deposit.
Even if the drilling approach taken by Clifton Star in the past was designed to test a "vein" target, the core from these holes exists in archive, with a solid chain of custody, and Osisko has re-logged and re-sampled this archived core. If Osisko's NI 43-101 incorporates all of this data and the recent geophysics and the 49 unreported Donchester holes, then a clear picture should emerge for us all and the marketplace to judge, for the first time since the JV deal was signed. Maybe that is apathy, problem is though, I do care! Weary maybe, I have recouped my investment over 3 years, but I still have lots to gain with a positive result.
What is knownabout Duparquet is what we have learned from CFO work, which is a restricted view, restricted to the obvious high-grade "veins". No other sections were assayed, just the sections that Fred Archibald selected for assay.. I can only hope Osisko's report is thorough, I expect it will be a high-quality report for what ever data it includes.
I focus on other things 'til then. One can"t push a river.
Not investment advice, DYODD