Post by
Fischlaender on Jun 20, 2008 7:30am
more to come
I was in contact with the company (finally!), they were indeed swift and concise in their information.
Sell-off is attributed to the apparent lack of Cu and Au as these metals were the primary focus. Iron can be an assett though and they are very encouraged by the fact that all 7 holes have hit IOCG style mineralisation. They of course did not specify further but indicated that the upcoming press release on the remaining assays will give the market a much clearer picture of what the Carmelita property actually has at stake.