Post by
winr88 on Mar 03, 2023 10:55am
Results from the last 4 holes should be available soon.
So which news do we want first? The 4 hole results or the 43-101? In my opinion If the drill results are announced first there will be more impact on sentiment and the SP should move higher. When the 43-101 is released and the RB zone 12 hole results are already known, a better indication of surface strip mine gold ounces will be known.The nearer surface ounces are the key here to moving the SP near term. It takes about 15 years to develop a block cave mine such as would be needed in Hendrick with 1000 meter deep gold zones.Without knowing the surface ounces possible some investors may lose interest. With nearer surface significant ounces in Moriss, GP and RB zones that can be surface mined, investors will have confidence in nearer term profits if surface ounces are better indicated prior to 43-101. I still believe that 10 cnts a share here is a steal. .