SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)
AMC 2.590+3.0%Nov 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Fairchild who wrote (76)4/29/1998 10:40:00 PM
From: John Fairchild  Read Replies (1) of 397
 
Just going over the past NR's. These guys are really moving.
They started diamond drilling on April 1 and completed 7 holes from 100 to 300m deep on April 15. Assay results from the first two holes in one month from start of drilling. That would suggest that the remaining assay results should be back by about the 15 of May. Also they did mention assay results would be reported on all 5 remaining holes which I would guess to mean that all 5 holes intersected mineralization. How much is the obvious question. Note that check assays are being done in Vancouver which meens they may already have some more results from Chile which they are awaiting check assays for. Maybe this is why they are already commiting to phase II drilling.

I am really surprised this thread is not a lot more lively. Junior mining is not completely dead and these are some of the most exciting results I have seen for a while. This really could be the start of something big.

Good luck all. It's not going to be a very long wait to see the rest of these holes and phase II drilling starts in ten days so we are in for a volatile but exciting ride for a while.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext