Newstrike Capital Inc NWSKF

RE: RE: RE: Survey: Mkt expectation on Maiden Reso

[caliche]

who knows.. the markets are so strange these days.. if we release on a day when there are no cliff,debt,euro wories we will do well..:)

 

my expectation is that there will be no reaction immediatelyas the full report is digested.... some volume with a modest rise.. as coverage increases we will see a steady rise as the astute realize the TXG for NES swap trade is a wise one..

 

the "number" is only one part of the whole report and the one retail will focus on.. when we get a look at the full report a more precice value can be put to the ounces in the ground..after all an ounce you can mine for 400 dollars is worth more than one that costs 1200  

 

i think a bigger catalyst for price appreciation will be a continuation of the deep breccia and another discovery

 

i have always said that we put what we have found i the bank and continue discovering ounces.. with the 2.4 or 2.5 million ounces booked we will have a solid 2.50 to 3 dollar value in the  ground and another discovery will force a takeout..

 

warmest regards

 

caliche