RE: It's Hard to Digest!!Laroplex...well said!
It is no time to panic!
Be right....and sit tight!
In my opinion, taking into consideration the assay releases to-date we now have an Inferred NI 43-101 Resource of 6 million ounces!
The updated NI 43-101 Resource Report will be released by February of 2012...that is not that far away!
On Section 87+00E namely, hole E11-104 the results were very promising...this is one of the holes involved in the push South. The results were very close to surface....13.00 metres to 127.00 metres downhole....114.00 metres @ .81 g/t .....165.00 metres to 176.00 metres downhole....11.00 metres @ .97 g/t. The mineralization was found on heading area 9400N....this is the furtherest push South to-date....mineralization has now been found from headings 10200N to 9400N...that is 800 metres...North to South. Remember, there is common mineralization along heading 9400N in Sections 87+00E...88+00E & 89+00E...Nice! Expansion potential is open!
In regards to the push South the mineralization is being found close to surface which means easy access and quick Mill Feed from day one. I am hoping for longer intervals of mineralization as they push South...for the time being it appears that the Deposit is pinching out to the South. However, having said that it is much to early to make a final conclusion...trying to figure out what took place millions of years ago is not easy....anything could happen!
Also...Section 94+50E...If you have not noticed they have done something very different in this Section when it comes to the direction of the drilling. In order to determine the width of the mineralization they have drilled this Section East to West...rather than North to South. Holes E11-96 & E11-102 clearly demonstrate a width of 300 metres....Nice!
Interactive Feature: If you click on the Cote Lake Deposit-Drill Plan Map you will now be able to have quick access to the Section Diagrams. Once the Map comes up after you click on the Drill Plan Map you will find Green Squares with a Black Cross...click on the Green Square @ cross and then click on the "open PDF"....very nice feature!
Please...do not lose any sleep over this one!
The Management Team has done a most amazing job of moving this project forward...they have made all the moves necessary and very market friendly. It is wrapped and ready....come and get it!
Again...I truly believe there will be a bidding war for this one!
I will say this again...this is always opportunity....a great buying opportunity...to be sure!
Take Care!
Digger144
P.S. Sorry...I have been very busy lately!
Cancer has struck my Family and Friends in a big way...buried one last week...two more are
not far behind....more to follow shortly after!
Remember...do not just give money and phone calls....try giving them a big hug and holding
their hands...sharing their tears and taking the time to listen to them.