OTCQX:GTBAF - Post by User
Comment by
U30LATEon Aug 29, 2018 5:25pm
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Post# 28538737
RE:OK fellow speculators
RE:OK fellow speculatorsI don;t know if there are or have been any open pit gold mines in the Red Lake gold camp. PGM is developing an underground mine not far from our Madsen claims. It is my understanding that economical deposits in the Red Lake area are usually much deeper than 200m depth. I find the high grades at shallow depths very encouraging as open pit operations are usually much cheaper to operate. Check out the drill results prior to the NR release on August 22nd. IMO they look good as well. Again intercepts are close to surface. Perhaps with the closing of the financing we will see a couple of deeper holes in the near future. Who knows what may lie below the recent high grade intersections? Also, I like the tightly held, small share float on this stock. Good luck to all who are long!