Sunday, February 23, 2014

HPY.v 10cents that could make you rich

People are still asking me why Happy Creek? I have to ask you when was the last time you saw tungsten grades near surface like this? Anywhere!
Highlights of new drill results

Drill holeFrom
(m)
Interval Length
(m)
W03 (%) tungsten trioxideKg of W03
per tonne
F13-0812.014.80.595.9
includes22.03.182.7027.0
F13-0931.3517.350.505.0
includes48.01.03.6936.9
F13-1524.04.00.585.8
F13-1931.7526.251.1911.9
includes37.33.664.6046.0
F13-2124.022.00.262.6
Includes44.02.01.0310.3

Review their results for the previous holes and you'll be amazed at the potential tonnage. They have tungsten practically sticking out of the ground. IRR anyone?

In recent developments HPY just hired a match maker. David Blann doesn't plan to give it away. If this round of match making fails so be it. There will always be another party who desperately needs the ore. I hope some billionaire reads this and realizes that a fair offer would make everyone a whole lot of money.

10 cents? Really! Let's hope it goes to 5 cents. I suspect that might not happen but we can hope.

David Blann, President and CEO of Happy Creek states: "Drilling continues to produce excellent tungsten grades and the RC zone is open for further expansion. New results from the RC prospect includes 3.66 metres of 4.6 percent tungsten, which is a similar grade to F12-27 located about one kilometre away at the BN prospect that returned14.98 metres of 4.0 percent tungsten. These very strong tungsten grades occur quite frequently on the Fox property and attest to the strength and quality of this mineral system. To date, we have focused on just a portion of one target that is approximately three kilometres by one kilometre in dimension. Results clearly warrant advancing the project and we see an excellent opportunity for an important new tungsten deposit to be developed in British Columbia."

Disclosure:
Hell ya I own HPY. I'd be nuts not to.  

Tuesday, February 11, 2014

Why invest in BC's Sheslay region

Garibaldi is there and all signs point to more exploration. PGX is there and some of their NI 43-101 reveals some interesting facts about the geology. I might be taking more interest in Garibaldi and the regions itself. There is a third horseman out there prospecting and drilling. So maybe I write more about all of them.

Agora has started a discussion board for Garibaldi.
 http://agoracom.com/ir/garibaldi/forums/discussion?message_id=1885149#message_1885149