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Hongguo International Holdings Ltd. USD SHS HGGOF



GREY:HGGOF - Post by User

Comment by redbarchettaon Dec 01, 2022 11:46am
83 Views
Post# 35143251

RE:RE:Big

RE:RE:Big

Exactly the sort of nuanced closing response I was hoping for...suggests confidence. In prior interviews, Darwin also mentioned all results would be out before end of 2022, so that means maybe 3-4 PR's this month, likely one a week.
I can't help but believe that the JT deposit is likely understated by as much as 25-50% if we consider the grade difference from hole JT22-152. Darwin did say it's premature to deduce this but what's in play right now is a current resource at JT that currently contains 1.5- 1.8million ounce indicated resource of 11-14g gold equivalent, before any additional holes are released in 2022. if they hit along the extension that is on the south side next year, this quickly/easily a 2million + ounce deposit at at JT alone. That's where this play will get interesting VERY quickly, and could be taken out prematurely by Agnico. Still can't understand how this seller remains motivated to continue selling

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