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Zolt

05/08/03 10:02 AM

#639 RE: Croesus I #638

SWG.TO Southwestern Resources Corp.: Boka Gold Project, China Latest Drill Results Include 81.44 Metres of 3.22 Grams Per Tonne Gold in Hole B03-04 - Business Wire
http://biz.yahoo.com/bw/030508/85353_1.html
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Zolt

05/08/03 10:42 AM

#644 RE: Croesus I #638

Well the market didn't like the results!!!!

But some people aren't so sure...
Thanks for posting the SWG PR. The results look good to me -- but not spectacular -- although 81 metres of 3.22 gpt in Hole 04, with the hole still in mineralization when it bottomed, is very promising IMO. Also they found mineralization in all 4 holes. It will be interesting to see how the market views it when trading resumes (at 10:30 a.m. EST apparently).
The other 4 holes they're drilling are very widely spaced and pretty deep, and all seem to be encountering mineralization, so the results of them will be crucial -- but at this pace who knows how long that's going to take!

Regards,
Howy

Think there might be a bounce... or recovery once some real analysts decipher the results.