RE:RE:SMD property to be drilled---this Fall
Hello GoldfU3O8;
Strategic has a lot of Cu/Au porphry projects in the Yukon. To me Alotta stands out. Why did thet drill Mint? Despite the good indications Mint is small.. I think they will have a hit there which will highlight their other porphry projects.
All the low hanging fruit, with outcrop, has been looked at. Now the best targets are covered with overburden and I think Alotta is among the best. It covers a huge anomalous area encircled by zinc and lead geochem anomalies. How unusual is that? Casino is nearby giving indications of what can be found in the area. I think 50-100ppb Au in an overburden covered is a good indication. You would get a lot more a metre above mineralized rock. As for evidence, all "evidence" has to be drill tested.
I like Benjamin Hill too. Its management look like serious people looking to make a discovery. BNN seems to have good backing with their SP going up in todays market. Their capital structure is such that they could soon raise money in dollars rather than cents, if a discovery is made. If nothing is found their share price will reflect that. If I was buying lottery tickets like BNN I would buy a tiny amount and sell half ASAP to get my money back and then wait to see what happens. That's advice from someone who has 1/10th the shares you have.