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westeffer

01/10/10 12:08 PM

#630 RE: Bruce the Stock Guy #629

I am here with you as well.
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Montanore

01/10/10 12:32 PM

#632 RE: Bruce the Stock Guy #629

Doubloon makes some compelling points. I have a small position here right now, but will probably add next week. To be sure, this one is highly speculative, but the payoff could be immense.

GLTA!
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Mr. Zen

01/10/10 2:55 PM

#633 RE: Bruce the Stock Guy #629

Yes I think you are right about the price per share at .40 this year, I know it is impossible to predict the future but following the critical path of mining plays is important. There are some geo reports that should come out soon from last years work. There is one set of grab samples to come back from the assay office, so we should get a press release out of that to tell us how many targets there are. There is also some Uranium gieger reports to be released as well. My understanding is that very soon they are going to do a large grab sample exploration with a large group of geologist samplers to determine the number of outcropings there are, this will be followed up by an extensive drill program as soon as black fly season is over... about July so by Septemeber we should have a 200 meter drill program coming out of the assay office. That drill program is the company maker and will take away all speculation and will be the start of the proven reserves report, that report should be enough to joint venture with a major or for this company to find easy funding for an ongoing year round drill program.
The areo-magnetic flyover late last year on this property shows about 8 targets that need to be defined to depth. It will just take one target to make a company, so it does not take much imagination to realize why some long term heavy weight mining investors are sitting with restricted shares for a long term hold