Mutapa Gold Corporation VSE:MUA Message Board

STOCKTALK

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 : Mutapa Gold Corporation VSE:MUA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Buckey who wrote (28)	5/25/1998 10:58:00 AM
From: chevalier	Read Replies (1) of 73

If that is all the F/D float is then that is great. The problem is 2 fold on this stock. 1) It has been internet hyped already by stockhouse, and more importantly 2) the drill hole IMO was not impressive. Here is an excerpt of the release: The top part of the mineralized zone yielded 2.32 per cent copper over 5.4 metres from 335.1 metres to 340.5 metres. This includes a zone of 5.17 per cent copper over 2.1 metres. The bottom part of the mineralized zone graded in to semi-massive zinc mineralization which assayed 2.76 per cent zinc and 0.75 g/t gold over 2.3 metres from 361.0 metres to 363.3 metres which includes a section of 3.2 per cent zinc over 1.3 metres. A zone grading 0.69 per cent zinc over 7.4 metres from 349.2 metres to 356.6 metres lies between the high copper and high zinc values. The zinc-rich zone is also anomalous in ppb gold. The economic copper and zinc intervals are very narrow and very deep. I have in no way done any D.D. on this company and this may be a great project with potential for increasing widths and grades in future holes but what I read is not exciting to me at all

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next