Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt
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Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Share Price Going Forward

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Re: Share Price Going Forward

posted on Oct 06, 07 10:22AM

A few naysayers, including a couple of bashers who mentioned downside risk of 90 cents, may still see their day. I am long on VMS and believe they likely, even at this early stage, have at least 10 million tonnes ore (with great upside from there), but I also don't want this board to be pollyanna-ish in terms of ruling out any downside commentary. Problem on SH is that downside mentions usually come in the form of unqualified bashing. Upside potential on stock is many dollars.

That said, the next assays won't be as spectacular, and this was suggested in the September 17 news release. Will this have an effect on the sp? Possibly? But the key remains imo, the magnitude of the discovery hole and the potential size of the deposit as it dips. Moreover, there are many anomalies (more than 800, of which 5 coincident with ground geochemical signatures were cited due to accessibility during warmer months) to investigate.

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