OTCPK:PSPGF - Post by User
Comment by
semismart1on Aug 19, 2011 10:53am
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Post# 18960285
RE: RE: What is the visible gold in the core reall
RE: RE: What is the visible gold in the core reall I think you are much better off looking at comparables to other deposits with VG over large stretches. I think you will find that the 72 meters should have an average grade of at least 4 g/ton. Could also easily be 10+ g/ton if things get crazy. VG is only an indicator of a rich zone, the vast majority of gold in a deposit is always unseen to the naked eye. Remember the grab samples at the surface came in at 24 g/ton plus in some areas. Obviously this is a highly speculative play. That is what makes this so much fun!