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Re: Ed Monton post# 1873

Saturday, 08/28/2004 12:48:54 PM

Saturday, August 28, 2004 12:48:54 PM

Post# of 5067
Hi TF,

True, but 8 oz a ton stuff I can live with <G>. I am disappointed with this last NR, while another new gold zone is nice (18 or 19 so far) the grade is not impressive and on a whole the event looks promotional (unless I am missing something of course).

Remember the property is large and has a bulk tonnage "zone" and a base metals "zone".

Given the property I expect an event of this order every week or so. What orginally got me into this one was the 8 oz a ton shear-hosted stuff (narrow vien) NR on a part of the property that hasn't come out in any recent NRs. So I'm guessing the company has a number of NRs queued and will play them out through September into the drill results (coming out early Oct is my guess).

I was going to sell into this NR but the price didn't hit my target. As I said I have a shed full. Looks like to me that insiders thrade through TD and for the most part TD was buying. Insiders took most of the recent PP. I would be very surprised if it went under .29. BWDIK?

My thinking is that after a couple of rounds of drilling that if they can find the source of the gold on the shear-hosted zone that is going to make this into a dollar(s) stock. IMO of course.

Cheers

McB


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