InvestorsHub Logo
Followers 127
Posts 34147
Boards Moderated 3
Alias Born 11/17/2009

Re: help me post# 5053

Sunday, 07/25/2010 3:49:10 PM

Sunday, July 25, 2010 3:49:10 PM

Post# of 23465
Help Me, Uptrend, this is what is going to do it. Its a fundamental thing, Drilling. If you specialize in resources you would know this. Not so unlike an oil company hitting oil etc. Further more your insinuation that the company is selling is , well, more of the same misinformation. Wolv has used PP to raise their money. Not sell off the shelf.

Plus, Diamond Drilling will be done from an accredited Drilling company. This is not a lengthy drill program, Maybe just a couple wks. 3 tops.. 5 holes at 100 meter is just Test Drillling to prove the minerals are there. Average costs 25 to 75 a foot. The lab takes 1 to 3 wks for results and you can expedite those for a fee.

I have Great Respect for TFN, He can voice his opinion and still show respect for Longs and the Company. I have never seen him post misinformation or use fear tactics.

The is much information is these Quoates from the last PR
That show the Drilling Process is about to begin..
These are some of the fundamentals, of a solid comany, announcing Drilling.
And what will attract Longs and Traders a like...

Wolverine has recently signed contracts for both the trenching and diamond drilling operations on its property. The trenching contractor, Kakahashu Construction, operates out of nearby Goose Bay while UltraLite Drilling is based in Ontario. Wolverine will also be engaging a second experienced geologist to assist in the detailed geological mapping and channel sampling of the trenches. Channel sampling consists of cutting a continuous "v" notch incision across the strike of the zone and sampling in meter long sections in order to get a more accurate representation of the mineralization.

Wolverine is also pleased to announce that provincial government approval for the continuing exploration, including trenching and drilling, has been received.

In summary, detailed prospecting and sampling will be on going on all areas of the property while the trenching and diamond drilling work is in progress. Five, 30 meter trenches and five, 100 meter drill holes have already been identified in the field to further explore the mineralized zones described above.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WOLV News