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In reply to: JMH03 on Monday 15/01/07 03:30pm



A good close....approaching blue sky.. higher high/low..plus consider the number of shares available..and nearolgy etc...well you know the picture..


In any further upward move the issue is if she can crack 0.28...after that it is blue sky..


Happy Trading


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WAITE KAURI PROJECT http://www.sharescene.com/html/emoticons/biggrin.gif

Eagle Eye Metals Ltd (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“Eagle EyeÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢) is pleased to announce that, in preparation for the

upcoming drilling program at its Waite Kauri Nickel Project, historical exploration data has

been made available by the Western Australian Department of Industry & Resources (DoIR)

that shows the presence of ore grade nickel oxide mineralisation within the southern project



ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚· Historical drilling by Anaconda Nickel & Reefton Mining confirms the

presence of ore grade mineralisation at both the Ruapehu & Kaikoura

prospects at Waite Kauri.

ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚· Significant intercepts from this drilling include:

99WKRC023 37 metres @ 0.83% Ni/ 0.055% Co/ 5.11% Mg from 2 metres

Including 7 metres @ 1.01% Ni/ 0.058% Co/ 4.97% Mg from 5 metres.



A program of drilling on 200 x 50 metre centres is currently being finalised to further test the

defined anomalies at Wanaka, Taranaki, Ruapehu & Kaikoura. The details of this drilling

program will be announced as soon as they are finalised.


Matching at 28.5c in pre-open http://www.sharescene.com/html/emoticons/rolleyes.gif

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I saw the MD interviewed on IRESS late yesterday.....apparently drilling will commence in 2-3 weeks with results out 3-4weeks after.


Interesting to hear how close they are to GSE, actually share some of GSE's strike. Sounds like they are alreayd in bed with GSE....potential M&A target down the track?

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