TSX:SUE.WT - Post by User
Comment by
ccrfmacon Apr 11, 2012 6:23pm
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Post# 19782956
RE: RE: why is s/p going down?
RE: RE: why is s/p going down? Below there is a link for one os those reports: https://dl.dropbox.com/u/39287234/SUE_20120217%20SUE%20Expanding%20the%20Oxides%20at%20Shahuindo%20Project%2C%20Peru.PDF
Also this is the the abstract of another one:
Date:
27 Mar 2012
Summary:
SULLIDEN GOLD CORPORATION - Shahuindo - Central Corridor Drill Results: Parallel Vein Discovery; 2012 Step-out Program Showing Promising Results SUE (T) Cdn$1.37 Stock Rating: Outperform - (Unchanged) Target: Cdn$3.50 - (Unchanged) Risk Rating: Speculative - (Unchanged) 23 holes returned grades and intersections in line with prior drilling and, importantly, confirm the discovery of a parallel vein structure that extends 300 metres along strike and is adjacent to the Main Mineralized corridor. Drilling in the new structure returned 0.64 g/t Au, 11.9 g/t Ag over 73.5 m. The resource remains open in multiple directions with many untested targets. The scope of the 2012 drill program considers testing a number of these prospective targets, which bodes well for resource expansion in our opinion. Upcoming feasibility will likely be the next major catalyst for the company. Reiterate OP rating and $3.50 target. Steve Parsons, P.Eng - (416) 869-6766 Associate: Charles LeBlanc - (416) 869-8044