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Message: NEWS: Premier Gold to increase financing to $15-million...

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ful´o´gas

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From The Toronto Show.

in response to NEWS: Premier Gold to increase financing to $15-million... by red911

posted on Sep 29, 09 09:21PM

Good day all

Attending the Toronto show on Sunday, I naturally looked up both Premier and Roxmark.

At the Premier booth, Tim Twomey ( Exploration Manager for Premier Gold Mines) had a 2 meter section of core on his display table that contains 33 ounces per ton from their ...newly discovered zone... over at the Hardrock Project.

I teased Tim, that I needed to borrow his magnifying loop.. He asked me joking...if I was actually going blind..

Seriously folks, that core looked delicious.. with very very VISIBLE GOLD throughout its whole length.

NO..you didn't need glasses to see that Gold.. and here is a little something to add in your thoughts.... they are also waiting on lab results from 3 more drill holes"FROM THAT SAME "NEW" STRUCTURE.

Proceeding down to Roxmarks Booth, I then found Geologist ... Glenn Hart , on hand, along side of President Monir Younan. They corrected my thinking on the Hardrock Project..

Premier's 50,000 drilling program for this year is a thing of the past .

Folks... it has now passed 70,000 meters and is not stopping until Christmas Holidays..

And by January ??? .... the Lab results from all this and the future drillings will have all been received back by Premier and be studied.. and then a 2010 drill program will begin to expand the resource... and the financing is already in place..

You should now begin to realize that this drilling is not stopping... only temporary,, and for some badly needed holidays.

Folks .. these old mines NEVER RAN OUT OF GOLD.. ... just economical gold at that time period and at poor gold prices..

Today..we know with certain, that is not the problem and Future Gold prices may make it shine even brighter.. IMHO

Please note.... My shares are also NOT FOR SALE..

I think I will just hang around for another year and give these Premier People the time they need to Grow this Company..

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