RE:RE:RE:RE:RE:closed LABRob, I am buying too, in my opinion, stock below $0.50 was a gift.... with near $10 M in the bank and Sprott sitting in the driver seat, LAB is just getting started... look at the buying today, nearly 4 M shares.... quick profit taking for some, buying more for others.... everyone has their own level of risk. LAB is drilling... the description of core one in comparison to others holes found in the area pretty well tells you everything you need to know.... I think people got scared when NFG set an all-time high yesterday then the price quickly dropped back. Look at fnG today, nothing short of spectacular, all-time high set at $5.16...!!!!
The first hole, K-21-01, was collared in dark grey to black interlaminated siltstone and shale of the Davidsville group. A 20-metre sulphide mineralized zone containing quartz breccia, scattered quartz-carbonate veinlets and frequent decimetre-scale quartz veining 's priwith associated fine-grained disseminated pyrite and arsenopyrite was intersected between 43 and 63 metres downhole. Following the dark grey-black shale, the hole intersected a sequence of pale green shale that hosts metre-scale quartz veining. The veining consists of bright white-smoky grey, vuggy quartz with local stylolites, silica flooding, breccias and intense sericitization. Fine-grained arsenopyrite, pyrite and an antimony-lead-bearing sulphide, verified by pXRF, possibly boulangerite, are noted along vein margins and as strong disseminations in the surrounding wall rocks.