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Gold/Mining/Energy : Chapleau Resources :VSE>CHI -- Ignore unavailable to you. Want to Upgrade?


To: Wil Girney who wrote (47)6/24/1998 4:16:00 PM
From: Rick the Vet  Read Replies (1) | Respond to of 118
 
Wil:

Assays from the Squaw Creek property are pending and should be available by the end of the week. Apparently the rock on the claim is not amenable to diamond drilling and as a result they have had problems. They are now moving a larger reverse circulation rig onto the property to do further drilling. The geology is stacking up favorably but we will have to see what the assay results bring.
I agree, the market is extremely pessimistic right now but the good thing about this play is that it is in the middle of a major mining camp. It is not in some banana republic or at the top of the world where it is 100 degrees below zero 8 months out of the year. If they do find something at least it might gain more credibility.

At this time WKR at 35 cents might be a bit of a short term opportunity. Looks like the stock is tightly held and any volume will drive it to 70 cents.