Sun Summit Minerals Corp. SMREF

Bought in today at 0.43

[askretka]

Looks like a good entry point. Other mines in area, close to highway and that last drill hole was pretty nice. Will take many drill holes to define a deposit but I'm up quite a lot this year so far so I'm taking a chance on this as a good new speculation. Cheers!

[mahoon]

I know it's a pretty exciting play but you only had to tell us once ,  Lol

[askretka]

Sorry about double post. Phone problems posted it twice. Speculative as all mining stocks are. Early days yet but looks similar to Richfield Ventures Blackwater project that was bought out by Newgold for around 550 million. But this one has more high grade veins? Or separate high grade zone. This might be interesting because high grade could be mined first for quicker revenue? Helping lower cost

[mahoon]

just kidding you bud , we've all done it , lol.    It appears that the IP results in the field will be out within the next week which should prove pretty exciting as they zero in on their targets around that great hole that they just pulled and then it's drill baby ,drill ! 

[askretka]

Ha ha. No worries. I see Newgold sold Blackwater for 190 million. Plus 8% streaming revenue until 280,000 oz gold. Thats 504 million US at 1800$ gold. Then 4% of ? 8mill oz that would be another 320,000 oz or another 576 million US. Plus 20 million Artemis shares or 9.9 % of company. For the 550 million CDN they paid for Blackwater they will do quite well.