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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (90263)8/31/2007 1:48:50 AM
From: Claude Cormier  Respond to of 313182
 
I can say 3 things.

1) The Ranch property has given some great results in the past, such as typical intersections of 5 to 10m of 20+ g/t gold and enough to suggest a gold resource of a few hundred thousand ounces.

The recent round announced showed some good numbers, but under par when compared to previous results

2) The company has $12M or some $0.22 per share in the bank.

3) There remain 17 holes to report from this 37 holes program.

This sell-off seems overdone like it is for many other juniors.