Thursday, April 14, 2011

Keep White Tiger on your watchlist

In digging through some of the documents from historical drilling this came to my attention.
GAZ-07-07 reportedly had mineralization occurring as 6% stringer chalcopyrite and 2% stringer pyrrhotite from 57.26 to 58.55 meters.
The following was the assay. 1.3% copper over 1.72 from 57.28 to 59m which includes the intercepts of 1.37% copper at 57.28m and 2.08% copper at 58.5m.

Now consider that drill hole RMZ11-21 hit mineralization for 110m and RMZ11-23 hit mineralization for 183m starting at the 30m point. The cores were cut and prepared for the lab on site at Marshall Lake and shipped to ALS Chemex lab in Thunder Bay, Ont. If these assays come back with anything even close to this grade this stock could take off. If it does with such a tight share structure and such a small market cap it would be difficult to say with any certainty just how high the run up could be. Since they put a rush on the results and reported they were told results should be 7-14 days from receipt of the cores this means that since the core was sent the short distance to the lab on the 4th or 5th we should be expecting results very soon.

I would hope that they will wait until Mon as this would leave the rest of the week for the stock to gain momentum. The potential of this company is enormous to say the least. Multi bagger winners are not that common and I can not make any statement that would infer that I know what the grades may be. From experience though this is really starting to look quite interesting and has the matrix of what we generally see when a stock is preparing for a significant rise.

There are various forward-looking statements made in this post and I would encourage everyone to go to company website to start looking for details on White Tiger (TSXV:WTC) at  www.whitetigermining.com. As always please do your own DD. I am not on retention for this posting and I do own shares of WTC.

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