OTCQX:GTBAF - Post by User
Post by
Goaweighon Jan 24, 2021 1:29pm
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Post# 32371105
They have tightened up the grid drilling over the area
They have tightened up the grid drilling over the area with the best grades found so far and I suspect they'll accelerate that now to grid drill at least 400 meters and come up with a prelim resource and maybe start making noises about early smaller scale production. A series of news releases giving results like the last batch, which we know are coming, and then demonstrating that we are considering an early production scenario by hiring a seasoned exec with mine building experience and the stock will move much higher. Yes I sound like a broken record on this but have they done it yet ? .... No !
Is the stock in the shitter ? ...Yes !
So WTF, Get on with it !
We should be able to drill off a 4,000,000 Oz. resouce pretty quickly, or certainly something approaching that and use it as a model.
A grid 100 ( strike ) X 100 ( wide ) X 400 ( Deep ) X 2.5 Gravity X 3 grams = 1,000,000 Oz.
Produce the tight grid drilling data for 100 meter panels and a F'ing chimp can do the math and figure out where this is going.
And again ...even if it's a bit early, hire a SVP Engineering/Development if for no other reason than optics....goodness knows everything we've been doing so far is for the optics, trying to get the price higher to avoid an early takeover situation but that concern doesn't seem valid anymore and our promotional strategy isn't working and we're in the dog house doing huge raises at prices that are 35 % to 50 % below where we would like them to be.
So maybe time for a differant approach and hopefully that's where we're heading now.