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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (123626)7/16/2008 3:51:28 PM
From: Traderworld1  Read Replies (3) of 312684
 
Wrong RR - most holes are drilled in the east, but the FRIST hole is dirlled in the west - and there lies NMG.... No wonder NMG is soaring...

" just spoke with Scott 10 mins ago and he is in Vancouver, not in the field so I am not sure why the false rumours. They have commenced drilling on Monday and they are very excited about this drill program. Things are going well, they do believe that the coal trends east and gets thicker to the east which is the reason for most of the drill holes being east of the discovery holes but they have the 1 hole to the west just incase.

I asked if they were to get taken over one day, who would be likely to buy them out, he mentioned BHP and a few others are the big boys that would likely show interest.

Coffin"
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