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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (52044)	11/17/2018 12:34:17 PM
From: Goose94	Respond to of 202925

Memory Makes Money

To: Goose94 who wrote (52044)	11/18/2018 6:56:33 AM
From: Goose94	Read Replies (2) \| Respond to of 202925

Sokoman Iron (SIC-V) received assays of 33.56 grams of gold per tonne over 24.9 metres from drilling at the Eastern Trend zone at its Moosehead project in central Newfoundland. The glittering assay came from one of five new holes completed in the company's phase 2 drill program. The hit occurred 15 metres north of where Sokoman had drilled 44.96 grams of gold per tonne over 11.9 metres in July. A second new hole, drilled 30 metres north of the discovery hole, produced "visible gold-bearing quartz veins." Assays are pending. (Assays from the other three holes yielded just "weak to moderate gold values over variable core lengths" -- or, in other words, were not worth listing.) Mr. Froude, president and chief executive officer, says that the early results from this new phase of drilling have expanded the extent of high-grade mineralization along the Eastern Trend zone. He is also enthused about an area one kilometre north of the Eastern Trend zone, where a new hole has made a "potentially significant discovery." That find requires further testing in an area with little previous drilling. Investors will presumably require some hard numbers before they match Mr. Froude's enthusiasm for the new area, but the assays from Eastern Trend had them suitably intrigued today. Mr. Froude, who lives in Conception Bay, a Newfoundland outport that is now a suburb of Saint John's, agreed to "temporarily fill" the role of president and CEO when Kevin Keats resigned four years ago. (He dutifully kept the "interim" qualifier appended to his title until this spring.) He has not been getting rich on his salary, which was less than $40,000 in fiscal 2017 and just over $73,000 this year.