Ed - I think we better keep an eye on Donner, as they were still drilling deeper when the first news release of 15 meters of massive sulphides came out. Then the assay came out last Friday which is dammed uniform and according to my geology friend a very significant intersection.
If they find something better down deeper, this could be a wild ride. However, I think if they found something better down deeper, they might try to keep it quiet so that the insiders can load up in the remaining tax loss time here, then put the news out 1st week of January. So if they have something better, the drillers will be united in going home, quietly buying up some stock, along with the insiders, and whammo, out comes the good stuff early in January.
Just a possibility.....unless of course we start a rumour, eh?
They must have put a deeper drill down the 22% hole by now as well, and there must be something like 40-50 holes drilled in the area as well, many of which are to study the mineralization, not just to find the gooder stuff.
This is looking like it trends somewest and I'm thinking that the NDE property is going to be a big factor here, because the drilling results on the NDE property earlier were looking very promising, and this gravity high inttensifies through the NDE property.
I think we are just about due for some runback in the price of gold or at least recognition that this is the bottom.
Dam could have doubled our money on Gold Reserve, was as low as $2.30 a week ago, going to open at $5 bux by the look of it.
Well, what a hoot this has been. Actually the Post article a week ago probably brought so much attention that the stock got overheated partly because of the rumour leak headlines and the investigation. |