OTCQB:NPDCF - Post by User
Comment by
wreakhavokon Sep 18, 2020 11:36am
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Post# 31581301
RE:Not Too Shabby...
RE:Not Too Shabby...The company lost 1/3 of its value based on the supposed weakness of a drill hole...is that all that's going on? And this on relatively light volume.
The goal obviously would be to develop an open pit mine. By adding to the original hole another 40 meters would make it longer in depth than a football field. So far 8 holes have been drilled...all fairly shallow. The indicated cut off grade is .2 grams/tonne. I don't think the Big Boys in Nevada have much better grades...and they are on the hunt for any potential targets. With the price of gold continuing to rise ( and maybe a lot)...anything that contains gold will be much more valuable.
Pinnacle Digest called the intercepts drilled in 2019 at Bolo to be "in the upper echelons of ANY gold drill results in the State of Nevada in 2019."
I agree it didn't blow the doors off, and may not even be feasable at Bolo...but I wouldn't mind those results in my back yard. I picked up more at .445......have I gone CRAZY?