MARKET PRESSURE = BUYING OPPORTUNITIES
As predicted on the AGORACOM Blog, it appears we are now moving into capitulation phase and a great opportunity to buy good small-caps that have been thrown out with the bathwater.
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Slightly OT, but did you see some of the grades golden Tag found today in James Bay? One can only dream some of our properties there produce such nice surface gold results as these:
MONTREAL, QUEBEC--(Marketwire - June 26, 2008) - Golden Tag Resources Ltd (TSX VENTURE:GOG) is pleased to announce encouraging results in recent diamond drilling on the Lingo Gold Occurrence on the Aquilon Main Gold Property in James Bay, Quebec. The outcropping, high grade gold-bearing vein was tested with tight grid pattern (approx. 10 x 10 metre centres) of 47 shallow, vertical holes over a strike length of 100 metres and down its shallow dip (30ºNNE) for 90 metres. Assays returned grades of up to:
- 3,230.89 grams gold per tonne (g/T Au) over 0.80 metres (m) (94.23 ounces gold per ton over 2.62 feet), including,
- 12,906.5 g/T Au over 0.20 m. (376.44 ounces gold per ton over 0.65 feet).
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Mr. Jean LaFleur explains Eloro's entry into the oil & gas industry in Quebec
