Cypress Min. (CYP.V) Diamond Fields clone? Message Board

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Gold/Mining/Energy : Cypress Min. (CYP.V) Diamond Fields clone?

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To: Joe Veres who wrote (103)	11/4/1997 9:58:00 PM
From: Karl Zetmeir	Read Replies (3) of 595

This whole SVB play is a pure speculation betting the expertise and hard dollars of Teck will turn up another DFR. My understanding from Jim and another party that attended the dog & pony show in Vancouver was since the drilling plan was being forumlated and executed daily, they expected to drill many dud holes. Therefore, it was their intent to only report the holes of significant intercepts. Right now they are searching hundreds of feet down to trace the pattern of the flow and potentially the ovoid resource. When they find the ovoid (if they do!) then I would expect to see a more systematic fence line drill program initiated. I'm not concerned yet with the lack of assays ... there may be several reasons ... First, they may not have hit additional significant intercepts. Secondly, they've been on the road around the world doing the dog and pony show ... I think this may be their first week back ... and I'm sure they wouldn't release a major assay without being in their respective home offices. It's my opinion they wouldn't be out doing an extensive d&p show ... and risk a huge embarrasment if they didn't think there is a very probable strike in sight.

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