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Bullboard - Stock Discussion Forum Creso Exploration Inc CRXEF

GREY:CRXEF - Post Discussion

Creso Exploration Inc > New direction!!!
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Post by UNKLAL on Nov 19, 2013 9:31am

New direction!!!

I got into this stock because my son and I ran into a geologist while bird hunting in the Gowganda area. His comment at the time about 2 years back was that there would be a management shake up and that Creeso would probably take over some of the inactive mines in the area, so I bought in.I have accumulated quite a substantial number of shares and bought primarily on all the dips, giving me a very low cost base. All of my purchases were based on the gold potential and had nothing to do with the new extraction plant being built to reclaim the gold in the tailings at several mines that Creso took over in the Shining Tree area. So there is several reasons to hang on:1) Dundee Capital, a strong financial partner, 2) gold in the tailings just waiting to be reclaimed by the new processing plant, 3) gold in several mines already proven up, 4) and last but the least a newco that owns the rights to an enviromentally friendly gold extraction menthod that all the major gold miners would love to take control of!!! jmo UNKLAL
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