Wednesday, December 29, 2010

Wildcat Exploration

Wildcat Exploration (WEL-V) has been stuck in a trading range of .055 up to .08 for months. They have an extensive list of properties, but the most exciting is the property surrounding San Gold's mine in Bissett, Manitoba. They've completed drilling and are waiting for the results.
Wildcat’s Reed Lake Project, in Northern Manitoba, is surrounded by recent volcanogenic massive sulphide (VMS - Copper, Zinc, Gold) and magmatic Nickel-Copper discoveries. In the vicinity of the Reed Lake Project, the area has been the focus of exploration successes at the Discovery Zone on the VMS Ventures Inc. / HudBay property, Rockcliff Resources’ Rail deposit, and Cream Minerals’ Wine deposit. The area has also witnessed renewed interest with the discovery of the significant Lalor deposit by HudBay.
They've moved the drill to the Reed Lake Project and are currently drilling.
The President and CEO is John Knowles. Mr. Knowles has over 25 years experience in senior roles with Canadian and international resource companies. Prior to joining Wildcat in 2007 he was Executive V.P. and CFO of Aur Resources Inc. from 2005 to 2006. He was CFO of Hudson Bay Mining and Smelting Inc. from 1996 to 2005 and, following its acquisition by HudBay Minerals Inc., he was concurrently V.P. and CFO of HudBay until 2005.
Mr. Knowles is currently a director for HudBay Minerals.
I have high expectations for the company in 2011 and have been slowly accumulating the stock from .055 up to .085.

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