OTCQX:GTBAF - Post by User
Post by
RazorRamone777on Jan 20, 2021 4:15pm
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Post# 32336430
A resource estimate, 43-101 is very seldom accurate..
A resource estimate, 43-101 is very seldom accurate..The "indicated" or "proven " part is always low simply because there is almost always much more of the resource that simply hasn't been found YET, usually at depth. Same with the "inferred" catagory, you can only report what you have found. It would take 20 years of constant drilling to find everything on a peticular property. Especially one as RICH as ours! All the mines in the area continue exploratory drilling and most have found MUCH MORE resource than they dreamed possible due to the riches at depth. Some of these are now mining below 2Km, and keep finding more. Because not only have we found huge amounts of super high grade near surface, our deep holes are also turning up GOLD. Anyone interesed in buying this knows exactly what we have, PLUS all the veins of treasure that we don't even know we have. This is why I've been getting a little antsy lately, with already all that has been Indicated and inferred, it wouldn't surprise me to get a juicy buy out offer any day. Perhaps the company is now listening to some low ball offers but soon a biding war could break out and leave all the nay sayers in the dust, gold dust that is!