RE:Market CapWaiting for Chris and his team to pull it all together in the form of a model showing, I believe, how this deposit looks in 3D. Also where the higher grades are, which I think they are now referring to as high strain zones and demonstrating that they understand how this deposit was formed and where to look to find the best zones. I think we are looking at a differant animal here so there's some theoretical work that needed to be tested and modeled and we have a massive amount of core to process to plug into that model and the labs are up to their teets with core. Every Co. I follow is waiting for assays so we are not alone.
I believe this will be a significant unveiling and while it may not provide a resource # at this point I suspect the tools will be there so analysts can come up with a pretty good guess.
I'm thinking that the model may only cover the area with the greatest drilling density so far, maybe 1000' of strike, maybe more, but it will allow us to extrapolate out further along strike as more assays come in. Think we have lots of drilling to do yet to fill in the gaps.
I'm wondering if we aren't waiting to complete the rights issue on GBR Royalties before releasing more data.
Might be wrong there but it did cross my mind.
We know that the market isn't going to respond to a few nice holes here and there and of course Chris and his team know that too, this is a major step forward so we just have to be patient and hope that it leaves no doubt that the LP is the monster deposit we believe it to be.
RalphieBoy wrote: Vauling about 2.5 million Oz right now? If the drill results are to be believed, what are the factors holding down the share price? I assume it to be the hyperbolic rise over the last year, the potential buyers not buying the story and impatient people not willing to watch this unfold. What am i missing? Thanks