RE:ESK market cap up 48 million on good results Galaxym31 wrote: goes to show what can happen to DEC and SKP .
Today ESK.V Eskay mining announced drilling results. As a result Market Cap. increased with 48 million dollars to 140 million. Here is the results :
V20-40: 29.92 m grading 3.5 gpt Au eq
TV20-39: 40.74 m grading 1.8 gpt Au eq
TV20-38: 20.53 m grading 2.4 gpt Au eq
TV20-37: 17.46 m grading 3.3 gpt Au eq
TV20-36: 32.83 m grading 2.3 gpt Au eq
TV20-35: 15.00 m grading 2.2 gpt Au eq
J20-31: 24.55 m grading 2.0 gpt Au eq
J20-34: 5.08 m grading 33.1 gpt Au eq
J20-37: 7.66 m grading 4.6 gpt Au eq
Here is DEC`s past drilling results , which are shaping our BASIC EXPECTATION. (IMO our results should be better than the past results because of the improved knolidges of the property and the biggest size (NQ) on the holes.)
Areas that the Company expand on previous drilling :
| Area to be Tested | Previous Drill holes | Width (m) | Gold g/t | Silver g/t |
| Area 1 | DDH 06-11 | 4.05 | 26.54 | 1208 |
| Only 2 holes drilled | DDH 06-12 | 3.97 | 1.35 | 20.7 |
| Area 2 | DDH 02-01 | 31.1 | 3.57 | 192.3 |
| 450 m n of area 1 | DDH 02-02 | 32.9 | 4.59 | 178.9 |
| Only 3 holes drilled | DDH 02-03 | 23.4 | 7.64 | 277.3 |
| Area 3 | DDH 05-02 | 15.54 | 6.47 | 346.02 |
| 450 m n of area 2 | DDH 0-036 | 8.60 | 3.02 | 270.50 |
| | DDH 05-05 | 4.27 | 4.48 | 476.45 |
| Area 4 | DDH 0-20 | 8.75 | 7.1 | 512.4 |
| 300 m n of area 3 | | | | |
NOW ,If we have at least the same drilling results like in the past(pesimistik scenario IMO) AND if we take ESK Market price movement as a base…..WE SHOULD HAVE 70 million market cap….~ 70 cents per share……..BUT the results could be better...MUCH BETTER.
Here is my prediction:
You will need telescope to see share price