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Gold explorer rises on Cinderella story

Buzz on the Boards
0 Comments| September 24, 2009

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On a down day for gold, shares of Yorbeau Resources Inc (TSX: T.YRB.A, Stock Forum) jumped more than 12% to traded at 27 cents.

On Wednesday, red2000 remarked on an unusual trade: “Goldman also bought 200,000 shares today ! If we consider is [sic] name, GOLDMAN, it's because probably a good news is coming ! :)”

Late on Wednesday the company released a drilling activity update. The junior gold miner said that it had intersected two mineralized zones of interest in the Cinderella zone of its Rouyn property in northern Quebec.

Yorbeau highlighted a hole that intersected what it called two mineralized zones of interest. The drilling located 74.67 grams per tonne of gold over 10 metres and 12.6 grams per tonne of gold over four metres.

For shareholders of the smallcap Yorbeau, dreams really do come true.

“Please post info on adjoining properties....doing research now ...on Royun Noranda claims...Thanx...” requested EDDY05.

To which 6180 replied, “Names on the Abitibi Belt include Alexis (TSX: T.AMC, Stock Forum), Osisko (TSX: T.OSK, Stock Forum), Kalahari (TSX: V.KLA, Stock Forum) and Century Mining (TSX: V.CMM, Stock Forum). Century has resources in the millions of ounces.”

But the last word belonged to Joogets who wrote: “i was looking at their map last night...it seems that this strike is right in the middle of their other big hits....one on the right one on the left, so i think this just shows that this is a very very good hit.”

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