Channel Resources Ltd V.CHU

Mineral Rich Brine

[Traikin]

I'm ready to see some, must be close to news.

[ragingcanadian]

Got their cash for the gold mine. Nice to see. SP held its own in the current bloodbath which means we are at a solid base here. Everyone just holding on. Little risk here IMHO

[Traikin]

Nope-  No brine results the can had a leak. If you look at the time line provided on the website we should be in production by now. Looks like we're hanging tight for the gold play to move forward.Why do I feel like a mushroom kept in the dark?

[BombVark]

Just got an email from IR, now the time line for brine results in a month or two, back in March, they hoped for the end of June. Certainly will be disappointing if they push them back another couple of months. They hope to release news that the drilling on the gold property started will be released in the next couple of weeks. I did get the impression that they are now placing more emphasis on the

[Traikin]

Thanks for the update BombVark- I'm hoping the legs haven't totally come off the brine project. It is a good story if they can back it up with some numbers. Anyways fingers crossed for some gold.

[BombVark]

Well sure enough they have started drilling, it is always fun to have another lottery ticket. GLTA