RE:RE:significant?Whoops my bad ...Megacopper below.
Well I do think SIC has similar rock to that of NFG but they are just now understanding the geology of the property and starting to re-evaluate how they have been drilling the Moosehead property. I do not understand why SIC's share price hasn't done better. The only thing I can figure out is that they aren't on the Appleton fault but on the other side of the Mt. Peyton granite intrusion so investors think they aren't in the right spot but the type of rocks look similar to Fosterville and Queensway so SIC seems to be very undervalued to me.
Something else that should be noted is that the Beaver Brook Antimony mine that is shut down at the moment did have a lot of gold in it as well but the Chinese weren't interested in the gold just the Antimony. I spoke to a geologist who worked at that mine and he couldn't understand why they didn't pursue the gold. Anyways I just thought I would throw that bit of information out there because I really like the Queensway South property as well as SIC's property not far from that Antimony mine. I think big things will eventually happen on the southern edge of the Mt. Peyton granite intrusion that came up through the middle of this complex geological structure. There is still a lot these guys are trying to figure out in this region but the potential of the entire region is huge. Visible high grade gold near surface throughout the region. LAB too which has the northern extension of the Appleton fault could very well turn up something spectacular but NFG has control over the best ground in my opinion. They seem to be in the sweet spot because of the Appleton and JBP faults where a lot of gold is obviously being found by NFG with drilling. A lot more gold will be found deeper down as evident by NFG's recent news release. This region has never had any deep holes in it so I think we are in for a pleasant surprise once NFG goes deeper.