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Intl Northair Mines Ltd INNHF



GREY:INNHF - Post by User

Bullboard Posts
Post by MC47on Jul 13, 2011 1:19pm
210 Views
Post# 18826747

Bernake; new stimulus program is in the works

Bernake; new stimulus program is in the worksThey have to keep it going to infinity or the system immediately collapses. This is why the pop in silver/gold today. Silver up nearly 2.50 from yesterday and yet this stock is down some more. I will keep buying at .50 and lower.

Federal Reserve Chairman Ben Bernanke told Congress Wednesday that a new stimulus program is in the works that will entail additional asset purchases, the clearest indication yet that the central bank is contemplating another round of monetary easing.

https://www.cnbc.com/id/43739458

I know Las Carolinas results yesterday were not great but they were not bad either and indicates a strong mineralized system trending north from Las Carolinas towards the San Gregorio Zone

Hole CC-11-018 returning 92.95 metres of 25.8 g/t silver and 3.65 metres
of 81.4 g/t silver;
-- Hole CC-11-016 returning 71.00 metres of 28.2 g/t silver, including
15.95 metres of 50.6 g/t silver;

"These recent drill results are very positive as the Company continues to intersect appreciable silver values indicative of a strong mineralized system trending north from Las Carolinas towards the San Gregorio Zone," said Fred Hewett, President & CEO of Northair. "Drilling at both zones has encountered potentially economic mineralization that remains open along strike and down dip. Exploration potential on the concessions also exists over a 900 metre strike length of untested ground between Las Carolinas and San Gregorio as well as an approximate1 kilometre segment of the northerly projected mineral system between the San Gregorio and La Borracha Zones (which has yet to see core drilling). Both of these areas represent excellent upside to significantly expand the La Cigarra mineral system."

https://www.stockhouse.com/pfolio.aspx?user=sh

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