I have just returned from the annual PDAC, that was held in Toronto, and checked out the company's that are involved in the area play, and by the sounds of things, more company's will be added.
First I observed and talked to Pfn people. No secret that they have two drills running and are being aggressive in the area. These guys work hard, and to me, are so honest with investors. I really like their geologist, such a hard working and determined young man, so intelligent also, that was clearly recognized. Everytime I was lurking, there was a crowd at the booth.
Now, I had a chance to talk to the people at the Mustang booth, more than once. They will continue to poke away at the East Bull Lake, and not River Valley. They indicated clearly, that since Pfn is doing an extensive drill program, they will basically ride on their shirt tails which is common in an area play..
Something to note also. I complained or perhaps voiced my opinion on their OTC listing, as it is easy to buy, but very hard to sell..
They showed me their application form that has been submitted to the CDNX for a listing. They can be listed in approx. 60 days. I asked if the drill was running, as they were all at the convention, and he said it will resume, later on or sometime this month.
AQI, well talk to them, and they have a target on the East Bull, by MMIN, and only that area, as their budget is very small.
Flag, well I talk to most that knew the company, and they were not present to talk to them, but again, they have four holes that are being logged and cut, so time will tell, and I will too be curious to see if Mr. Murdo can get a sniff out of these holes. I now have learned that one drill will start turning approx. on Tuesday.
I learned a great deal about an area play and how other juniors act during this, it is not uncommon to ride the shirt tails of the main player down there, which is Pfn.
Regards
G |
