Channel Resources Ltd V.CHU

Great Results on the way!!

[guerreiro]

Some of you are predicting the stock move to $2 dollars,; I believe that this baby will move to $1 and will sit there for additional drilling results.

[youngkid]

What kind of results are you expecting? and when?

[BombVark]

In 2010, they announced drilling  had started June 22nd, first results were announced August 17th. This year drilling started June 16th. FWIW

[guerreiro]

Agree with your comments, but as I understand the drilling is an on going program and the area is a great mineral area with 100% chance of a hit. Over the weekend I spoke to a few people that know the area and their comments were that the stock (CHU) is selling at a discount to its potential net assets. And the stock is ready to soar.I do agree that the stock has been trading very thin lately

[jpbb]

I don't think it makes sense to compare the 2 drill programmes. This one is way bigger than last year's which means that the lab has waayyy more samples to deal with so it should be expected that it would take a little longer to see results. Also, sometimes samples need to be re-assayed when they show an abnormally high concentration of gold.