GOT CHIMU? I just bought an enormous amount on Friday and more today.
If you read my boys blog over the weekend, you would have seen the picture that we saw. The Fundamental View (TFV). Right had side under my daily reads. Read it. Everyday.
I hope fear didnt cloud your judgement on this one. $2 by September. Some are calling for $6. I'm not pumping. Just letting you know as usual. Sell it if you want, I dont care.
Last Update: 5/24/2011 8:45:00 AM
VANCOUVER, May 24, 2011, 2011 (Canada NewsWire via COMTEX) -- Tinka Resources Limited (the "Company"), (TK) (frankfurt:TLD) (pinksheets:TKRFF). Andrew Carter, President, advises that diamond drilling has commenced at the Company's Colquipucro silver project, west-central Peru. The first of two holes to test the eastern side of the Ayawilca zone was collared on Saturday, May 21(st). These two holes will total approximately 700 metres depth, and following the completion of these holes, the rig will move to Zone 1 to test the northern extension of the NI 43-101 compliant resource, drilling a minimum of five holes and approximately 500 metres.
A further eight diamond holes, totaling approximately 1,600 metres, will then be completed at the Ayawilca zone. The Ayawilca zone is located about 1.5 km south of Zone 1, just next to the same major fault system that appears to be a structural control for the mineralization at Zone 1. Positive results at Ayawilca have the potential for significantly increasing the global silver resource on the property.
Mr. Carter says: "We are pleased that this important step is underway as it will allow the Company to test the northern extension of Zone 1 and also the undrilled Ayawilca zone. Results will be released as they become available."
The Company's Qualified Person, John Nebocat (P.Eng.), has reviewed and approved the contents of this news release.
On behalf of the Board,
Andrew Carter, President & CEO