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Re: In XS post# 6611

Wednesday, 04/18/2012 11:41:50 AM

Wednesday, April 18, 2012 11:41:50 AM

Post# of 12573
I see a 90% chance that there will be gold-bearing mineralization in the north limb. Will this stratigraphic hole be economic grade and width? There is a 10% chance of that because drilling to hit quartz veins in the Abitibi has a history of 1-in-10 odds. The Dome Mine was a good example of that because these types of deposits are heterogeneous beasts. I am not speaking out of desperation here. Been in the name a long time and just want accurate data flow to unfold. The days of cheerleading are over and done. It is now show time because financings are being cancelled left right and centre as the mutual funds and hedge funds are being redeemed in size. That last financing sucked but EXSFF got the money and that was a veiled blessing. Now we need the markets to heal up so new capital will flow back into the juniors. If they stay in this funk, the risk rises with every nickel they spend trying to prove up 2mm ounces that no one will give a s7it about. Then they will be out of dough and financing again at $.15. Hope not, THINK not, but aware of the risks I certainly am.

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