OTCPK:CTNXF - Post by User
Comment by
waranton May 04, 2014 11:43pm
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Post# 22523416
RE:news release
RE:news releaseJust had a chance to look over what Allan Martin had to say. its24you Allan may be right have no reason not to believe him on that we do have mineralization in every hole so far and I also expect to see mineralization in hole 6 but not at the numbers ike we had in hole 5. I could be wrong on that I was wrong once before lol. Cascabel is a huge parcel of land and I believe we have a lot more holes to drill to see for sure what we have here.
The Metallurgial Testing will be interesting for sure. to see what percentage of gold and copper we can get from the resource will help this play a lot, those numbers are money numbers that count.
Just with holes being so deep I feel that we should be using more than 1 drill.
Also the IP Survey well help in placing any future holes on the deposit and will help to keep the drill in the deposit so we don't have a repeat of hole 6. haha
But right now I am also interested in what CGP plans on doing with the 4 mill plus we have in the kitty. A more detailed spending plan would be much better explanied than just we are going to up grade our other properties for JV. Would also like to know where we stand on the JV we have with Newmont in relation where the Ecuadorian government is on freeing up that land for future work. We had that parcel of land now since 2009 and our agreement with Newmont is up at the end of 2014. It is now May 2014 and the next 8 months are winding down and it may take that long to get to the table with Newmont to put together a new or refined agreement if the government can only get the bidding process underway, this is beyond slow for sure, even a snail moves faster. lol
Oh well that is my rant and IMO Cheers