News Focus
News Focus
icon url

pharmer07

12/23/10 10:37 AM

#116961 RE: Max Power #116953

I agree, its been over a month now and this is all the info they have to tell us, really? What the heck. They should have waited until they had the full picture and then bring out the news to the public b/c of this very reason. Oh well
icon url

louieforpar

12/23/10 10:37 AM

#116962 RE: Max Power #116953

my opinion they were feeling the heat of the time that has gone by on the rusty drill, and needed to throw something out there.what better way to keep the shareholders in play than to tell them only a small portion has been anyalyzed=buying more time= damage control.
icon url

LR68

12/23/10 10:37 AM

#116963 RE: Max Power #116953

Well, why did they put out the PR now? Then again first everyone was screaming for one, now we are considering whether it wouldn't have been better to wait... they'll never be able to win...

Investors (most) prefer to read 'potential reserve of x million ounces of copper..' in a PR. Instead they read "sub-economic copper mineralization throughout most of the drill hole."
REE references do not hold the same value for most, agreed.

I also read:
* "Results have been received for the upper section of the drill hole from 30 to 40.1m." So not all.
* "Additional samples are being analyzed for the rare earth and associated elements from other deeper sections of the hole and will be reported when received."
* "...are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve."
* "The property will be re-examined in light of potential for additional rare earth element mineralization. Further testing of the main Rusty Ridge zone as well as other targets including strong IP (Induced Polarization) anomalies, some of which are coincident with gravity anomalies, will be considered."

Next to that, what about the additional claims. Would they spend money for nothing? And this has not been in a PR, only people going through this board basically know about this...

But that's it. We were not just anticipating news, we were anticipating news of the motherload of Copper, Gold, and other stuff we can visualize. The REE's, we basically are clueless of its value. Market reacts.
icon url

B402

12/23/10 10:44 AM

#116972 RE: Max Power #116953

Agreed, been an awful lot of time since drilling ended to come up with so little info.

Hoped for more my self..

Merry Christmas Max

Still no like HDSN