Totally a Sleep at night stock !Perspective if everything...........
1) .Regarding ELO............We know the SBP is mineralized to a depths of 450 meters.............hole 15 was horizontal..........commercially heavy mineralization for 230 meters........hole did not completely go through the pipe........pipe is 500 m wide.............
By formula provided by the Hedgeless Horseman, this pipe already has an inferred 500 million ag eqiv. ounces as a reasonable conceptual footprint.......without going deeper !
2) Hole #2, diagonally pierced 320 meters of MBP with last 5 meters of the hole ending with massive sulfides...................QH makes reference to the fact that this pipe is seriously mineralized as it ended in MASSIVE sulfides..............this is code for pleasant comercial grade polymetalic rock............usually of a high grade nature ! Hence his confidence !
The massive sulfide as shown in the core box is very dark grey material with no other rock clasps like in the photo ot the SBBP..............this is where the upcoming fluids blasted the other loose rock out of the way and cooled as one huge concentrated pool of metals !
And ......CBP encounter was also down 450 meters !
This is one of the few times in my trading history..............that I am willing to just sit back and wait for ELO boys under command of DR. Arce..........pound 14,000 metere of holes into these pipes........
.....maybe in the end we all get a nice fat check from Rio Tinto !!!!!!!
Again, a totally sleep at night stock !!!!!
GLTA