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Gold/Mining/Energy : Shining Tree Gold Camp
ORFDF 0.0670-1.3%Dec 1 12:33 PM EST

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To: LoneClone who wrote (88)2/7/2012 5:14:53 PM
From: sense   of 260
 
I think they've recently announced pulling out of a couple of their other large acreage option agreements, too, saying that they're focusing in more narrowly on a couple of the hits they got from the recent gold grain train analysis...

They're looking more closely along the east west trending fault where they have a couple of high value targets already identified.

I don't think that says anything that's in the least bit negative about the rest... only that when you succeed in finding what you're looking for, it makes sense to quit looking for it. If there is a problem it appears it is one of the sort you'd like to have (certainly if you are Creso) in terms of having the "target rich environment" issue to deal with.

They've got to reduce expenditures on leases they're not obviously going to benefit from, in order to focus resources more intently on those that have already shown they're well worth spending $ on...
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