VIPR Industries Inc (fka VIPR)

[ShadowChaser]

When they do this type of initial testing (shallow) they are looking for signs that GOLD is actually there and also looking at the overburden which in essance are soil samples that give them an idea of how deep that overburden is and IF they should or should not go on with further testing. Larger GOLD veins are almost always found deeper in the ground and for them to find a few areas with substancial preliminary amounts right off the bat is great! What happened (even though VIPR was pleased with the results) was many believed that they were going to see these overinflated "Mother Lode" amounts that were being projected or assumed and in the PR it was just not there in plain sight! The bottom line is VIPR has products (plural) in the ground GOLD & URANIUM so the questions if any is HOW and WHEN are they going to begin removing it out of the ground ? VIPR being a Preliminary Exploration & Developement Co. almost tells you a JV or sell off to a larger mining company is a more logical possibility. To get in on the ground floor like this and assuming or speculating the end result is like looking a gift horse in the mouth which in turn will bring on the you snooze you lose syndrum! IMPO of coarse. If you take your time and READ the initial report you will see what I am saying and think of this as well, IF there was nothing worth further exploration then why would they be doing it ? Like Polaris stated there will be more peaks and valleys because of the current dilution before the true potential of this stock will be realized !