OTCPK:AVLRD - Post by User
Post by
Durkastanon Dec 07, 2010 10:45am
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Noob reaction to news.
Noob reaction to news.The latest results didn't provide eye-popping intercepts, but suggested that Korkan - Bigar is one long mineralized zone with a strike of 10km and a width of 2.5 km.
Even if the overall grade ends up being on the lower end, from 1-2 g/t, it is all close to surface so far and will be cheap to extract. Tonnage becomes the major profitability driver, which they seemingly have a lot of.
The people who sold did so because there was no one intercept like 50+m of 4+ g/t.
They can't all be barnstormers, people.