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Strategies & Market Trends : Ride the Tiger with CD

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To: TheSlowLane who wrote (112956)4/29/2008 11:50:31 AM
From: ogi  Read Replies (1) of 312988
 
Once again great news from Canplats. At least this time it has spurred some modest buying rather than a sell the news.

CPQ, continues to increase the size of the oxide cap, have now hit the best grades to date and they confirm they are pursuing
mineralization beyond the western fault. In itself the Oxide cap could be a mine, add hundreds of metres of sulphides underneath
and that conclusion is inescapable, IMO.

We also know there was a minor hit in the Don Julio zone previously over 1 km away from Repressa, so with ore continuing past the western fault toward Don Julio the drilling of IP signatures in between could prove very significant, I hope they hit!. It seems unlikely that Repressa exits in isolation, that needs to be proven. Meanwhile the next DD holes will be the news of the moment.

Cheers,
Ogi
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