GREY:XMTTF - Post by User
Comment by
gump132on Jun 25, 2014 2:37pm
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Post# 22694160
RE:RE:RE:RE:Get on the webinar if you can!
RE:RE:RE:RE:Get on the webinar if you can!The webinar was recorded so they might post it on their website.
Basically, blackflake west is their prime target. It is easy to access due to logging roads, they expect to have feet on the ground in the next week or two. Ground work will take about 30 days and then drilling will commence shortly after. They are fully funded to proceed with drilling on the target. He also mentioned that the east targets and Grasset property are really just assets at this point but not the main focus of the company. For the current prices you are basically getting those assets for free on top of the speculation on the West target.
EM survey to be flown over target and newly acquired property on Blackflake West. Tighter spacing to better define the target.
Feet on ground within 2 weeks for groundwork.
30 days for groundwork to be completed
Drilling shortly thereafter.
Stephen also said that the east targets did not have an all channel response and if they had acquired the West property sooner that this West target would have been their priority target as it is looking very promising.
I suggest you email Stephen any questions you have that are not answered by the above.