SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Noront Resources (NOT VSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Phil Cressman who wrote (95)8/18/1999 11:16:00 AM
From: Phil Cressman  Read Replies (1) of 128
 
Boy today's action just shows how little interest there is in junior gold stocks. To be fair the press release didn't hype that 15 foot core of high grade which is indeed pretty spectacular. The problem for investors in that now they need to duplicate this find with holes stepping out at 50 meter intervals. I'm guessing at a resource of 30,000 ounces for every 100 meter x 100 meter grid that finds similar results. One would think they need to find an ore body 100 meters by 200 meters by that 15 feet to get the market's attention.

Inmet are obviously going to drill around this hole to see what they've found and soon. I'd expect another flurry of buying as those cores come out of the ground (if they intersect the same deposit). Why? because those drillers aren't stupid and if they see those intersections come up they'll buy stock well before assay results are in.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News