|BGM: Are we reading the same news release? Part of their resource calculations involve areas that have <30% drill tested. Then they add a ridiculous geological potential of 60-90 million ounces of gold. The news release screams "pump" to me. I guess they must need money.|
Ask yourself how did their tonnage at Cow Mountain increase 10x fold in just 1 year of drilling. It doesn't make sense. It's not like this property hasn't been drilled over the past 10 years. It has been and they drilled over 100,000 meters of drilling.
It doesn't make sense to me. The trading was the first clear sign because it really should have been trading at over $3. Let's see how she trades this week. Let's see if they have to put out an amended news release.
I believe it will be a traders dream because of the price swings.
Good luck and watch your money.
Maybe I am just missing something.