GREY:RDEMF - Post by User
Comment by
wiseyoungmanon Apr 29, 2016 6:34pm
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Post# 24827623
RE:RE:RE:wowie Zowie
RE:RE:RE:wowie Zowie
One important thing to note about RD and the upcoming drilling on Vetas and on San Ramon property is that management already knows the answer. What is that answer you may ask? The life of mine will be expanded because past 200 metres down to 600 metres the ore is the same. This has been downplayed by management and rightfully so since they cannot make unsupported claims. But management and its geologists have alway known there was a lot more gold there or they would not have gone through all this trouble for only 400K ounces. Also note that Vetas is not a new property with no prior exploration. There was $68M spent on it by CB Gold using an open pit model. Lots of high grade veins which just need to be tied together with targeted drilling to develop and underground mining model. When the drill results come in to support the above and we get closer to the completion of the mine in a few months this baby is a $1 to $1.25 plus stock easily. GLTA