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Veblen

12/19/14 1:45 PM

#67518 RE: Hurricane_Rick #67517

Great post. Says it all.

Goldstrike

12/19/14 2:15 PM

#67519 RE: Hurricane_Rick #67517

The first two items are indeed happening. It's a matter of time before item number three, "The results show an economic deposit" becomes known. In my estimation, that result takes into account the underlying cu/mo porphyry, not just the Gordon breccia.
It would seem that all that would be needed for item three to work, considering the proximity of infrastructure and availability of water for processing and ore concentration, would be an average porphyry grade or higher at reasonable depth.
If grade and size are somehow shown to be above average with continued drilling, well that's just icing on the cake..

Medinaminer

12/19/14 2:35 PM

#67520 RE: Hurricane_Rick #67517

Agreed on your points. Yes Rick, it is really simple.

Here are the claims. There is potential here. Let's explore and prove it up. That always should have been the script. But, the BOD has done its level best to complicate matters.

Slow is fine with me. I have patience. However, I don't know how anyone can extrapolate the future gains from what we have seen so far. I have made my WAG's, and all speculation is just that. The jury is still out. If $.20 to $.25 is all that this stock is worth, that's fine too. We just don't know enough to make a solid judgement yet. We have to wait for results of drilling and what this offer is for the remaining claims.

One thing you might agree or disagree on is that the share price decline and low volume lately is speaking volumes.