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Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > the big worry now......
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Post by teevee on Mar 24, 2011 4:00pm

the big worry now......

I think the big worry now is that fund managers heavily invested in Ore Zone push for a consolidation before 43-101 numbers get attached to a preliminary resource calculation-some would call it an astute acquisition, and others would call it stealing.
Comment by teevee on Mar 24, 2011 7:58pm
Or perhaps the other big player here, Iamgold, will be paying attention? Although there is no updated 43-101, miners will see this as a multi million ounce prospect that has been significantly de risked, and could act in a very quick and predatory manner. 
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