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Message: Golden Chalice Resources: Abitibi East to Receive $344,694 in Exploration

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Re: Golden Chalice Resources: Abitibi East....one caveat

posted on Jul 10, 09 12:05PM

the only concern is that the following paragrapoh states " And/or" regardingpossible drilling

"GCR recently announced it has commenced early-stage exploration work on the Property and plans to have these new funds used to expand such program, which will include a summer trenching and/or drilling program."

I would like nothing more than for Drilling to take place buit it looks as though it willbe determined by whatever monies are left over from the earl exploration part, which means worst case scenario is a result of only Trenching; which could be very dissapointing a couple of months from now..

3million shares for trenching will not look good on management if the best rate of success is not achieved.

just my two cents however, I wish management the best of luck

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