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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Message: Re: Today's volume

Nov 27, 2009 01:20AM
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Nov 28, 2009 04:20PM
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Nov 29, 2009 09:25AM

Nov 29, 2009 02:40PM

Hammer

If you are referring to the hole that was collared on the east side and drilled to about 500 meters into what we think is the nosefold, I think CYP sees this as another "needle in the haystack" hole.

Don and crew believe that the current drilling is where to be for now. As we said before, if they found or find something in this hole then the price rises and they can refinance at higher prices which gives them more dollars to explore the balance of the reef property.

If they come up dry on this hole and wedges Goldcorp knows where the gold zone ends.

Going back to my last post, next time I go "all in" with a stock I'm going to need a couple of more cards in my hand. The reef property was a great card and Goldcorp backing was another but we needed a couple of more to fill the straight and they didn't surface.

Shuffle up and on to the next hand.

Not a recommendation at all but CQR looks good for a junior and RMX looks good more advanced project. Hopefully make a few bucks there and then take another look at CYP.

Nice talking with you

Chipshot2


Nov 30, 2009 11:01PM
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