The best intercept from that hole includes 12.22m @ 6.20g/t Au from 99.78m, including 2m @ 31.75g/t Au; 6m @ 1.46g/t Au from 103m; 3m @ 6.74g/t Au from 165m, including 2m @ 9.67g/t Au and 11m @ 9.82g/t Au from 186m, including 3m @ 28.53g/t Au.
Sentiment: Strong Buy
Sinclair told that
1/ Hedgefunds tried to strangle the shareprice so that Gold companies wouldnt be able to finance `Definitive Feasibility where it is financeable by various industry standard methods free of the issue of significant common shares.`
- We got the money to take us to definite feasability, you distorted what Sinclair stated..
2/ After Definite Feasability it is `financeable by various industry standard methods free of the issue of significant common shares`
- Your statement 2 is therefore incorrect, it is simply not what Sinclair said.
You and JS both wish. The last equity raise knocked the stock from over $6 to under $3 and that was for a measly 5 million shares which netted TRX about $25 million after costs. Plus JS had to throw in warrants for another 5 million shares which he then had to reprice lower because of the debacle. JS will be offering 250 million shares @ $1 to get this deal done. Go back to fantasy island with your $60 deal. This stock will never trade above $10 without a reverse split.
Thanks Whitesands_8, This is Great News......TRX Is A Strong Strong Buy.....Also, Thanks Jim Sinclair for all the Great Info that you provide for free for the Gold & Silver investers.....!
Sentiment: Strong Buy
Really what other things has he delivered? He has been running this company and its predecessor for almost 20 years. There are so many long hyped and now abandoned prospects. There is gold at Buckreef. Everyone knew that going in. JS is distracting you with drill results so you don't notice the lack of progress on the development and financing fronts.
why results from just one hole???? were the rest dry??? does anyone have any idea about how much infill drilling would be needed to see WHETHER or not this connects to Buckreef. looks like cherry picking to me.. BTW... keep shorting are you saying that SA has no gold or is it the CEO you do not like?