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Gold/Mining/Energy : Chesbar Resources- CBI Montreal
CBI 16.390.0%May 11 5:00 PM EST
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To: Zeb Man who wrote (912)2/3/1999 11:35:00 AM
From: stubbs  Read Replies (1) of 980
 
Sorry for the long delay but just figured out how to get on the cbi forum.The 3 holes were drilled on the known fault northern extension and the 1 hole (no gold) was drilled on the other side(west).The results were low but the important issue is the gold zone continues and lots of drilling will have to be done around these targets.This will be done at a later date as they are very excited about the two north properties.I just got off the phone and 4 holes are complete and the on site geologist likes what he sees as they compare to the Lasalle main zone.However the assays will tell the true story which can be expected by month end.The road is completed all the way up to the main targets for Anococo and the drill will be or is moving as we speak.I expected the stock to drop(since we will be quiet for some weeks) and now am recommending to my group to start buying as we are in drill mode with results expected out within 4-5 weeks.If we hit even reasonable results our stock should have some healthy moves as the news would indicate a very long,long gold zone.Remember that all the cores thus far show no visible gold so when they say visuals are good that is in reference to the indicator minerals.Only the assays will tell the gold story.
Stubbs
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