seawind's Profile
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Lar,
I reread the news release and I didn't see anything about the hole continuing into barren rock. Did I miss something?
There were no leaks - the stock has not soared the last few days or weeks. At least on this point management has been doing a good job; we are all getting the news at the same time.
This simplifies Cliff's accumulation of chromite properties - watch for a Probe takeover by Cliff's.
Even though many people in the US are on vacation today, the volume is relatively high - according to Yahoo 307k at 12:03 vs 403k avg for the whole day. Hopefully this is a precursor to something good.
Can anyone comment on the following? Why would a single magmatic event significantly enhance the exploration potential?
"work by Dr. James Mungall suggests that the Ring of Fire deposits are emplaced as a single magmatic event. If this is indeed the case, the exploration potential of the Ring of Fire is significantly enhanced."
...and there has been much good news - but the assays from AT12 and the additional prospects there are close to proving that Eagles Nest is not a one-off deposit. This might be the news we have been waiting for the last couple years.
"Results at AT12 continue to indicate the presence of nickel-copper sulphides. Our additional drilling, coupled with down-hole geophysics and a geological review led by Dr. James Mungall, all offer the potential that a larger, higher grade deposit is situated nearby."