Canadian Stocks

[howestreetbull]

AIX.v /ABR.v/DBV.v/GGI.v/PGX.v/BXX.v/CZQ.T Sheslay...fyi...
Couple of comments off the BMR comments section for ya serf..
#20 I think DBV finally woke up today and that’s why the others are about to follow….this has been long overdue, so, it’s go time now! AIX/ABR are two key players in the area along with the usual GGI/PGX,etc.

Comment by STEVEN1 — September 11, 2014 @ 7:25 pm


#21 Greg, there has been an enormous amount of work performed in the district since May that obviously has not yet been reported, and continues to this day. This includes a lot of holes from Prosper, some holes drilled by Doubleview, extensive field work carried out by Garibaldi and other companies, and, I strongly suspect, a tremendous amount of interpretation and reinterpretation of all sorts of a very wide range of data sets (drilling, geophysical, geochemical, etc.). In our interview with Regoci at GGI, as I’m sure you’ve seen, he was highly confident in terms of being able to drill right “into the heart” of a system at the Grizzly, and they’re gearing up to drill imminently. That kind of confidence doesn’t come without a lot of knowledge. Given their success in Mexico, I’m expecting exciting things out of GGI at the Grizzly which has all the makings of a big new discovery. The Star is the most advanced property in the district and my confidence in PGX delivering powerful (potentially game-changing) results is very high. They have one of the best geologists in the business in Dirk. I’ve had my boots on the ground at the Hat. I love Farshad’s property and ABR’s Hackett right next to it, which I’ve also visited. AIX has a huge land package and I’m convinced there’s tremendous potential and value in what they’ve got – Ryan Kalt came into that deal, and I believe that says a lot.

It also wouldn’t surprise me if there has been some sharing of data among at least some of these companies in a way that has enlightened various geologists in terms of their overall understanding of the district and its structures. What will be the main catalyst, you ask, in terms of this area imminently heating up again? New discoveries and continued drilling, obviously. I don’t think there’s any doubt this district has tonnage – at the Star, at the Hat, and at the Grizzly which is about to be drilled for the first time. The key catalyst is going to be grade – can one or more of these companies drill into higher-grade that can serve as a starter pit to make the economics of this work? The rocks are so cooked up in this region, the geology is so favorable, that I’m convinced higher grades are there. Also, keep in mind, there are still many investors who just aren’t that familiar with this district. Prosper has reported almost nothing about the Star since their successful first phase program ended last fall. A lot of new information is about to come to light, and my guess is that it’s going to confirm that the Sheslay district has all the necessary ingredients to develop into a new mining camp in B.C. Teck, with its Eagle Project contiguous to the southern boundary of the Grizzly, is watching things very closely.

A little further south, about 30 miles due south of the Grizzly, you also have a “wildcard” with the DOK Property (BXX, CZQ) – drill results pending. I have much more confidence in the Star, and in the Grizzly and the Hat, than the DOK, but we can’t discount the possibility of a surprise there given those core descriptions (be cautious with visuals, though).

In summary, I believe it’s finally this area’s turn to show the world that this district is truly prolific and that tonnage and grade can come together to create the possibility for a very profitable new mining camp. Many steps in this process, but an important big step is coming up as these companies begin to show investors their cards. There was a surprise catalyst last January. Perhaps another surprise is on the way. It’s hard not to have faith in this area given how – as Dirk explained so effectively last year – it has “all the earmarks”.

Comment by Jon - BMR — September 11, 2014 @ 8:02 pm

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