TSXV:NORA.H - Post by User
Comment by
blue_seaon Sep 11, 2012 2:02pm
351 Views
Post# 20348564
RE: Gift Horse - strange posts
RE: Gift Horse - strange posts Some facts for that who are new or know not much about the history of La Preciosa. Orko Silver did alot of drillings years back before the crash in 2008 makes it almost impossible for explorers to bring big projects like this further in its development.
The figures of the Martha vein and other veins – and at that point of times there were 23 other veins known – attract Pan American Silver. So following the JV agreement PAA did alot of drilling and proofed the results released by Orko.
So also PAA knew the resource, but they didn't expand the deposit because this would have driven any takeover price. Also they didn't undertake infill drillings to bring the NI132... resources into the category of the NI43-101 because this would have brought La Preciosa to 175 oz silver. This was something what would have driven the price much higher.
The new Technichal Reports should be released soon. So just a little patience. Any interested party should know that La Preciosa with that upside potential will be rise in price and that with a strong accellerator of the price of silver which can only hold down with paper silver. But also here the PAGE is a time bomb for the price -> the comix is already history, those guys just don't know it. Wait some years and they will have lost their might to manipulate limitless.