RE:RE:RE:RE:mega da manBlueChipper2020 wrote: ggnewmex1 wrote: This certainly adds potential for great shareholder value. Obvioulsly the drill will determine the future. I am surprised there is not a greater share volume action today,
Regardless, this is a great move on substantial new land tracts where we all know gold is seeimingly everywhere
Great job Tim in leading. Is nice the see ES is in the game as well...
Tim is doing a great job leading this. I also 100% believe Tim would not have acquired the Fleur claims simply by staking and now enter into this JV with Benton, without firmly beliieving and knowing (i.e. ES ) that the Company will be able to raise a lot of funds based on what is going on with Moosehead. In other words, the JV calls for a share of exploration expenditures and payments to acquire the optioner. Tim knows he has a winner there and this is doubling down on the entire region.
BC
Up until now SIC has had the best drill results by a long besides NFG. I think they when they first drilled the Moosehead two or three years ago they didn't really understand the orientation of these high grade zones. Now with more knowledge about these type of systems In their defence they didn't really have the budget to do the extension drilling necessary to drill with close spacing to figure out the orientation of the high grade zones. The mineralization certainly appears to be the exact same as what NFG are getting. So I really don't understand why the market hasn't rewarded SIC. Perhaps it's because the Moosehead property is not on the Appleton fault. Not really sure. But I can tell you that it's one of the best juniors in this region and have an excellent chance at making an economical high grade gold discovery. And I really like the j/v deal with BEX. And by the way it was Al Keats who staked that Kepenkeck property originally and optioned it off to BEX so that should tell you a lot right there. He knows a thing or two about rocks to say the least. There is lots of gold in that country down there so it's just a matter of doing the leg work to zero in on the most prospective ground and get a drill in there and see what they can find.
There will be several gold deposits found down in that neck of the woods between Queensway South (Eastern Pond) south to the Kepenkeck Lake region. Awesome area to be looking for high grade gold deposits. A lot of granite intrusions into some very good geology similar to the Mt. Peyton granite body up farther north. It looks to be the southern extension of the Appleton fault that has been offset by some geological event. I know Dr. Quinton Hennigh loves to see these granite bodies intruding into these types of favourable rocks. He mentions it a few times in his videos. So NFLD, SIC and ROX look good to me down in that area and of course NFG. Right now today I think SIC offers the best value of all of these juniors. Just my 2 cents worth.