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Talc Moan

05/19/10 8:32 AM

#10404 RE: Rick-UK #10403

Yeppers, and the GEO is gonna be done next week. We will know by Mid to late June is my guess.

Hopefully they tell us everything in the next pr.



Smitter SMTT
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GreenTea

05/19/10 8:49 AM

#10408 RE: Rick-UK #10403

Not to mention that Goldcorp is right in that area. Hmmm....agreed Rick, could very well be a nice play short and long term. Let's see if management is forthcoming. Recently, they have been.

GLTA!
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Billys Puddle

05/19/10 8:55 AM

#10410 RE: Rick-UK #10403

Yes, that is what I am saying. Extraction may not be an issue if the claim is sold as most exploration companies will do because they don't go on to mine the property.

I don't believe there was core drilling on this property yet by Cannon, and that may in fact give very different results from grab samples. I say 'may' as nothing is definite.

IMO, CNEX is undervalued. "How much?" will be determined by how much gold is there.