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Strategies & Market Trends : Ride the Tiger with CD
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To: LoneClone who wrote (232810)1/9/2014 11:57:03 AM
From: ayeyou  Read Replies (2) of 313478
 
I could not agree with you more LC. People seem to have a kneejerk reaction to any news release that does not say they drilled a hole and found an operating profitable mine. I posted this on BTS thread prior to seeing your post so you can see where me thoughts are.

To: Rocket Red who wrote (129752)1/9/2014 11:49:18 AM
From: ayeyou of 129789
RE BG "less meters in that hole so there theory never worked out as they thought"


Actually there is still 500 meters of drill core to be assayed and they say that at least 250 of that has visual meaningful mineralization . That would bring the meters of intercept to over 450 which is more then the 262 they intercepted in the last hole. The grade in this hole is right in line with the last 1% copper equiv with assays so far and they did hit the potasic rock formation they were looking for at 1300 meters.
Still assays to come and the high grade zone has already been increased from 25 x 60 with 250 meter depth to 100 x 210 with a depth of 530 meters. On a contained tonnage basis that is going from about one million tons up to over Twenty million tons.This show is far from over and I see the share price is already recovering from the overselling by twits that don't take the time to actually read a news release before they push the sell button.
The more I really understand this news release the more I like it. Buying opportunity for me to take my holdings on this one up a notch.
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