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Bullboard - Stock Discussion Forum Creso Exploration Inc CRXEF

GREY:CRXEF - Post Discussion

Creso Exploration Inc > Ony 3 holes at minto so far
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Post by mouserman on Oct 29, 2010 10:19pm

Ony 3 holes at minto so far

As i posted elsewhere , the Minto story is far from over , and those spouting that this one will never make a mine , have their heads up their proverbial petoots.
Please list all the other canadian juniors that hit 143 metres of better than 10 gpt GOLD with their second hole , and then hit at depth when they deeped the first hole (,82.5 metres of 13.3 grams per tonne gold from 508.5 m to 591.4 )
The didnt miss with the third hole , just didnt get the spectacular numbers shown above.
My guess is the list of other explorers in canada that had 2 out of 3 holes like that will be very , very short.
So this one is still at the top of my list of exciting junior gold explorers in canada.
As for infrastructure , the logistics dont get much better than for the MINTO claims , tight to the HWY and powerlines , near refiners  and in an area where there are tons of people with the knowhow to put a  mine in.
Aurelian and Ventana didnt have mine shafts in either , but hit some nice numbers early on, and had few misses as well.
Should be some news from the rest of holes 1 and 2 as well , but am going to call in to management and make sure on this.
Good luck longs , buying op here imo.
Comment by HonestAbe on Oct 30, 2010 4:26am
"... the Minto story is far from over , and those spouting that this one will never make a mine , have their heads up their proverbial petoots.".Yes, I also found that comment (i.e. no economical mine) by some other poster(s) after the THIRD hole hit thick low-grade mineralization at depth to be quite amusing!  So by their logic ... what if this third hole had missed everything ...more  
Comment by vicky56 on Oct 30, 2010 9:55am
Telurium values are elevated in areas of high gold values....NR indicates Hole #3 has passed near the border of a very high Alkalic GOLD system!I think whoever panic sold because of Friday's news release, will be very sorry in the coming days ahead...V
Comment by macattacks on Oct 30, 2010 3:16pm
Thanks for reminding everyone what's really going on here. Nothing more needs to be said. Very strong on this for November.
Comment by fairchij on Oct 30, 2010 7:57pm
Also keep in mind that 3 investors took down the last private placement at .90 for $3.44 million...One would think they are in for the long haul and have a pretty good idea of what the value is. And there is one hell of a short that needs to be covered. This story has just begun and price of gold looks like it wants to continue is move up.
Comment by kerbacious on Oct 31, 2010 12:51am
This kinda reminds me of the BYV pump...Great hole sells off financing higher..I expect it to drift down further..rersults not spectacuylar but okay......Being on the edge of a discovery and actually having a discovery are two seperate aniumals
Comment by fairchij on Oct 31, 2010 9:25am
kerbacious, this is nothing like BYV.BYV has had no where near the drill results of CXT. Out of the last 11 holes reported in the last news release the headliner for that NR was Bayfield drills 2.0 m of 7.53 g/t Au at Burns Block.  BYV is getting attention  because of how close they are to Rainy River. I don't know whether you followed Rainy River in the early days but that ...more  
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