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creapingman

01/24/11 8:36 AM

#127136 RE: Jackroch #127134

No definite word on the hand held devices. And money. It cost money to drill.
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mappo

01/24/11 8:59 AM

#127146 RE: Jackroch #127134

Jackroch ... Bet they did.

Good morning Jack.
Most likely the geoplogists had used the handheld device at Rusty.
Why not, it's so easy & practical during the field work.
As for why only 2 holes,
hard to say.
Ken is highly experienced in his field of such business,
he must had a reason to drill only 2 holes.
Also, there must be a reason for him to stake 102 more new claims
right before the last PR.
Lets hope all these eventually add up to good news.
We must trust his judgement & actions.
That's the least we can do.
Patience is GOLDEN.
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AbrahamS

01/24/11 9:09 AM

#127147 RE: Jackroch #127134

Hi Jackroch, interestingly, your answer could be in your question.
I don't know but I assume that it is a must for anyone who is drilling these days to be equipped with a hand held device for detecting the presence of precious metals and minerals. Therefore, they might have stopped drilling after hole # 2 because they already knew about the findings through the aid of the device.
Now all of this is just my guess and I have nothing to prove it. But, IMHO, if they already knew that the holes probably held nothing of significance back on November 25th when they stopped drilling at Rusty, they would have at least helped us not lose a lot by getting the word out with an unfortunate news kind of PR while still informing us of other upcoming positive news such as an impending or probable JV through Handcamp or Lucky, thus not stopping a selloff but still providing support to disappointed shareholders. However, IMHO, since they did not even hint at 2 worthless holes, it would seem that the hand held devices gave them great or at least good news. However, they would have to do it the proper way by having the cores officially assayed.
Should that take two months??!!!
I don't think so.
Why the delay then? HOWEVER!
Perhaps they have a huge amount of work to get together. They have to deal with the assayers, the drillers, the shareholders, the lawyers, the possible JVs, the BVIG shares, the SEC filings,the geologists, and other factors that I, in my total lack of knowledge, am not even aware of. So, all that means a huge amount of work and could explain the delay.