RE:RE:Nice resource to build on.BC,
If I might add a little......I believe that Spruce ridge used a standard size drill core in recent drilligs, represented by square outlines. These drill core would represent a much more accurate accounting of mineralization.
The circular patterns represent the much older drilling done with a much smaller drill core(winkie) done in the 60s and 70s. This smaller drill core can be accurate up to 60-100 meters depending on terrain and care taken by drilling crew.
Even the larger drill pipe can have issues at depths greater than 700-800 meter depths. It takes a skillfull drill crew to accomplish on a consistent basis, with minimal core loss and accuracy.
Wouldn't worry too much about recent trading activity.....many who's warrents are close to, and in the money are simply blowing off their paper in anticipation of the upcoming expiry of warrents. They will of course replace with the warrents and let them ride. Others that managed to purchase this at say 5 or 6 cent are simply taking some profit. Also a few daytraders as always.
We are establishing a good new base. No telling how much longer cheap shares will be available.
Take a close look at sectional and notice some of the holes south of grid lines +/- 300 and notice location of pierce points and their relative position on diagram.....This is to illustrate that although dip has flattened, and pierce points are shown at different vertical points in diagram, that drilling is taking place further west of the sectional shown. Make no mistake these are large increases in size of the orriginal boundaries. I would love to see a plan view of this area.
Sit tight longs, This is gonna be a doozy.
Best
S