Welcome To The Clifton Star Resources HUB On AGORACOM
Historic Discovery Along Porcupine Destor Fault
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: what's the latest on 2010 drill program?

Dsc00191
Rank: [?]
President
Points: [?]
9211
Rating: [?]
Votes: 158 Score: 3.4
  • Currently 3.4/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: One line says plenty

in response to Re: One line says plenty by natsoc
posted on Mar 27, 10 01:14PM

There was a certain time period required for Osisko to mobilize in as the new "operator" of the exploration drilling. Now that they are drilling, it will take time for results to come in, check assays to be send out and those results returned to Osisko, this takes time beyond just the drilling time. Also there are other sets of data for Osisko and Clifton Star to consider related to Duparquet mill tailings and residue. One option might be to de-water the mine workings, I am sure curious to learn how the deposit looks below the open pit limit and extent of current drilling, a nice picture might exist at depth... patience is need for now, with the drills turning we will see a steady stream of news once the initial results are announced, IMO.

MineralField sales have had less of an impact than I expected over the last few months for which I am grateful. The recent pull-back in share price is a correction and someone taking a nice profit I'm sure.

I guess the largest question to be answered is whether or not the drilling within the porphyry body will show sufficient value to be compared to Malartic in size and grade. My confidence is high because initial assays from archived core shows mineralization extending beyond the high-grade zones for many tens on meters at shallow depths at the Beattie mine. If the identified shear zones within the intrusive porphyry are mineralized with halo zones of gold values then this share price will look like a good entry point for new investors IMO. The key is to have had a robust mineralization of the porphyry body 2 billion years ago. We should know soon, then the market will price in the up or down verdict of the drill bit.

The share structure of Clifton Star is very attractive for me, Osisko has ten times the number of shares outstanding with the flagship Malartic Mine to open soon. To consider the possibility that the Duparquet Project might size up to Malartic, with the money on the table to find out and expert hands directing this effort, IMO i feel that there is still plenty of upside if early results indicate that the Duparquet syenite may be a gold porphyry similar to Malartic.

I have not sold any shares, my position is long and holding, well in the money. Not Investment advice, DYODD

New Message

Please login to post a reply

AGORACOM Quick Tips

Breaking Small-Cap News Delivered to your Smart Phone! Grab our RSS Feed

President's D.D.

Look at the extent of CFO drilling and individual section lines Enjoy the show, read more

Hub Leaders