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Freewest Resources Canada > Message
Happy

Re: Freewest resources

Posted by: Polylabel on October 08, 2008 08:43PM

In response to: Re: Freewest resources by bluespruce

It would indeed be nice but remember a hole is what 4" in diameter? To prove up 100 million tonnes will take hundreds and hundreds of holes.

Now a start might be twenty or thirty but 10 will just about wet the appetite.

I'd think the ground geophysical work done and likely in progress with fine gravity measurements will be the short term key to maximizing understanding of ore body size along with, of course, those drill cores which give some idea of average thickness. It won't be proof positive but yeah would convince people tonnage is huge.

Right now FWR isn't getting even a fraction of the 'speculative' value it should be given for those spectacular holes. If I've somewhat changed my 'tune' it's because I'm convinced those portable analysers are close enough to eventual assay results to take immediate notice of.

Unfortunately most investors in resource stocks are upside down in most investments and have to take a heavy loss to switch over to FWR. They know of a lot of resource companies with a lot more value than share price indicates and FWR is just one of many choices for those with available cash.

Just maybe tax selling season will be kind to us as some investors rack up a loss and switch to FWR?

We should also consider how amazingly fast FWR has been in releasing news and never know when more could be released.

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Executive Address
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Mackenzie Watson
President & CEO
November 21, 2008

Updated Executive Address

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