Post by
wreakhavok on Sep 16, 2020 5:07pm
Not Too Shabby...
Funny... I thought that was a great intercept of mineralization...adding 40 more meters in depth, making it a total of 160 meters gold and silver intercepts.
That is a wicked chart and I feel it should have gone up 10% instead of retracing. So I was picking more up at .55 &.56. I'm not sure why they felt they had to halt the stock, but the company was probably surprised at the sell-off. This is early stages of a the drill program!
Also, I don't know why Nevada Sunrise moved down today, as they are in the joint venture with NGLD at Kinsley. Maybe they got wind of poor drill results on the latest holes. I was loading up on NEV as well.
It feels like gold is just waiting for an excuse to go up, and there are a lot of potential problems coming up in the next 2 months...hangin' in there like a monkey on a tree...
Comment by
Chooah on Sep 16, 2020 9:24pm
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Comment by
winr88 on Sep 17, 2020 1:16pm
160 meters is an excellent length. The problen is 1 gram gold per ton is not enough to warrant a mine. 5 grams or more is isually enough. What does excite me about this is the length of the strike and the possibility for grades to improve. At 160 meters a major miner would be all over a deposit with say 5 to 10 grams per ton and 160 meter length.
Comment by
chriszhou on Sep 18, 2020 3:49pm
when the market drops, there must be reason(s) why the market doesn't like it ?
Comment by
Chooah on Sep 18, 2020 7:59pm
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