Post by
rainhum on Dec 14, 2010 8:33pm
copied from other forum
Price/share is consolidating nicely from recent high's.
several good things in the very near term to keep attention on GAX.
First......Pulp metallic from first four drill holes pending. This could be an interesting confirmation.....or....?
second.....We are awaiting the results from 5 more holes that were sent in no particular order to the first four other than how they were halved. We could see more nice intersections and grades to define and increase scope.
third.....down hole IP on all nine holes will be out shortly and really give us the targets for the next drill program which could come as early as late January.
fourth.....We have more info to come on Montrose very soon. Will the drills spin on two fronts??
fifth......Bottle Creek could be a surprise deal before the spring.
This company defined a drill program (very small one)....brought drill to site after geophysical work....drilled 9 holes.....halved and logged the core.......released assay's on 4 holes......commissioned pulp metallic on four holes......and is ready to release the rest of the information on the other 5 holes and pulp metallic as they get it in the next few weeks. THAT'S MORE THEN MOST JR.'S have been able to do in 6 months.....and they're still waiting for assay result's. GAX has done this with VERY limited financial resources. I think we will be hearing more positive news in the next three weeks to satisfy our fellow shareholders who recently bought in at some of our higher levels.
sorry for the shameless pump, but I'm seeing many things I like from a little company that appeared to have few prospects only 3 month's ago.
Comment by
flooring on Dec 15, 2010 11:28am
We seem to be on the move today. Maybe news before the weekend? Flooring