OTCQX:GTBAF - Post by User
Post by
Goaweighon Oct 02, 2019 1:06am
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Post# 30185396
His reference to Red Chris and Mt Polly is very interesting.
His reference to Red Chris and Mt Polly is very interesting.He's worked at both and knows porphry's and their dimensions, Red Chris being 300 Million Tons and Mt. Polly 250 Million tons.
I've talked to a lot of Geo's and analysts over the years and while they may make comments like this in private it's rare to hear them making a direct comparison to something of size in public.
300 Million tons @ 1 gram is 10 Million Oz.'s
This may not be verbatim but he also said " The excitment in the core shack is palpable "
The last thing Chris wants is to go down in history as " The Embelisher " and I'm being kind !
He doesn't need financing either so I'm taking his unbrideled enthusiasm for what it appears to be, an honest belief that they are onto a truly massive discovery.
How can you not get excited along with him !
While we are now focused squarley on everthing east of the LP fault it might be worthwhile to remember what actually got us here in the first place and that's what's lying west of the fault. The only other fault like the LP is the one that runs through Red Lake, it's around 23 Km's too and hosts a multitude of mines that add up to something approaching 50,000,000 Oz.
It's almost impossible to comprehend how large this might be, sounds a bit silly even saying that but....
I'm starting to wonder if we aren't now getting to the point where we can't possibly manage a project as large as this alone and trying to figure out how we could bring in a partner without giving up too much upside.
After all those meetings that Chris had with Majors and Mid-tiers I'd be surprised if someone didn't come along with an offer to help us out. LOL !
Are 5 drills even enough now ? Afterall we've got 20 Km's on each side of the LP fault so it isn't 20 Km's we need to explore it's actually 40 Km's. Isn't it ?
Maybe the solution is to bring in some big mofo drills and just drill straight across the fault.
Like a giant tooth pick with big fat olives on it.
OK there's one deposit, and hey we've got another one too !
Weird analogy, need another bevvy obviously !
Tomorrow is going to be interesting !
Cheers !