OTCQX:BALMF - Post by User
Comment by
flashcashon Oct 10, 2019 3:07am
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Post# 30215491
RE:if this
RE:if this'
FC what were your thoughts on WM numbers today if you don't mind when you have time.
Read more at https://stockhouse.com/companies/bullboard?symbol=t.bar&postid=30214722#wt3wEFtA3FRem7g5.99
FC what were your thoughts on WM numbers today if you don't mind when you have time.
Read more at https://stockhouse.com/companies/bullboard?symbol=t.bar&postid=30214722#wt3wEFtA3FRem7g5.99
FC what were your thoughts on WM numbers today if you don't mind when you have time.'
Its still unfolding, the shear scale of it !
They are very lucky in that the main ore body and the tab zones are getting thicker and richer so could easily keep a 500 tpd mill busy so they can make money and explore the Area 51. Area 51 seems to be a mixed bag of high grades veins and lower grade ones at the moment so they called it right in more drilling and infilling. The gram-meters look very nice and I am feeling a > 5Moz here IMO. The low grade areas are an issue though BUT they could start building a stand alone mill to grind it up and then leach the material on site, later they can add the rest of the gold recovery circuit for treating the higher grade materials if they what to. My gut feeling is that the system narrows into one system and i hope it is high grade, could area 51 just be gold material that was moved away from the high grade main body? I dont know but i dont think it would be far from the truth.
GLA