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Gold Fever wrote: Hemlo wasn't "discovered" until the 76th hole, and look how that turned out., I didn't know that, it takes a lot of patience and time to see the fruits of labour with mining, but the rewards can be huge.
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meguma wrote: What happened in Yukon was and is a genuine discovery, and with loads of blue sky potential. Further work will prove up an economic resource comparable to, and probably better than, what is currently being developed next door at VIT. Zonte could have kept pushing but that would likely mean huge dilution. Better to let Victoria keep working, and wait.
The Zonte team certainly appear to have done their homework at Dunns/Carols Hat/K6, and hopefully they drill bonanza grades in the first hole. However these things often take perseverance.
Hemlo wasn't "discovered" until the 76th hole, and look how that turned out.
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alexgreat wrote: No buyers, no sellers - just 15,500 shares in last 6 days.
I would bet that this is the calm before the storm
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PerseusLtd wrote: Terry may try to time the NR results for when PP paper can start to be unloaded. Which will create/provide lots of liquidity if results are good. The 4 month hold on that PP paper comes due Mar 28th. Brokers allow you to go short (as you have shares coming) 2 weeks before your 4 month hold period date. Which means we will see that paper hit the market about Mar 14. Just in time for assays.
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JunglistGuy wrote: Ron, great pic, really helps explain how they drill something
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