RE:Hole 26osprey18 wrote: Nr said they are drilling northwest of hole 21. They know where they missed and are now stepping out from one of their best holes to date. Remember it was hole 21 that returned 10.6 m of 3.06% copper, 2.96 g/t gold, 13.04 g/t silver and within that there was 4.38 m grading 4.01% copper, 4.90 g/t gold and 16.17 g/t silver.
Ya, I think I'll be holding!
There's risk in exploration and risk in investing in exploration companies. Having said that, there's no doubt that the CBG team know the importance of hitting in follow up holes.
Remember, 20% of the company is held by insiders. They're going to want positive results to extend the zone. However, they also want them as a catalyst for share price appreciation...for their own benefit as well as to benefit any further financing (with higher sp and greater interest/participation).
There's little doubt that the next results wIill be positive. Stepping out from the area of the richest holes drilled to date with the thickest intersections will give them the best opportunity to do so.