CXT.V continues its meteoric rise and hit a buck today on record volume. I have mentioned this stock as one of my top picks and that the news of finding a new wide gold zone below the known resource area as very significant.
I have been saying for the last 2 weeks that because the mineralization is known to be associated with pyrite and pyrite mineralization is associated with 3 to 5% of the rock. You can easily infer that you will get at least 3 -5 grams /ton over the mineralized interval. With 4 separate sections of visible gold, I expect the assays from these holes to be nothing short of spectacular and from the meteoric rise in SP from a low of .28 to an intraday high of $1 today, the market is obviously expecting great things as well.
Well today Creso delivered on that announcing 82.3 meters grading 13.3 g/t au in hole #1... This result is OFF THE HOOK!!!! Rating 1094 gram meters which indicates this is an even better gold zone than the one above. Creso has not disappointed and the news today reconfirms that CXT.V is a HUGE BUY!!!
I have been alerting people to Creso since day one of trading in early June and set this one in the portfolio at .31. Creso exploration is in the right place in the heart of the Abitibi Greenstone Belt near the renowned mining districts of Timmins and Sudbury. Is Creso Explroation the next Gold Stock in this region to to hit it big?
Over the past LSG, WTM, and SAS have shot to gold stock stardom and looks like the word is getting out on Creso... Especially with the news today.
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