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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: que seria2/15/2008 10:24:58 AM
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Goldquest drilling news from Las Animas--continuation downdip over a short amount of strike, with some misses.

biz.yahoo.com

News says "hold" to me, and apparently to the market. Amid the drill holes that missed any significant mineralization are some promising soil tests pointing to more targets. My guess is there may be one or more lens-like mineralized sections and it will take quite some time to drill them off. Seems to me they'll have to find a lot more (hits along strike) if they're getting 7 meter lenses 200+ meters down. Holders will just have to be patient while chewing on the soil test bone and imagining more ore-defining drill results.

Their JV with Gold Fields is at least as good a reason as Las Animas to hold this stock, as marcos has noted. No telling when GF will get JV drill results and decide they should be reported. I'm keeping a core position and waiting on price attrition into the gap below.
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