TSX:LSG.DB - Post by User
Post by
aproposon Nov 17, 2011 5:10pm
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Post# 19246688
The grades at Fenn Gibb
The grades at Fenn GibbWhen I look at the resource estimate and grade over at Trelawney ( correct me if I'm wrong ) I do not see a big difference. Are we not just getting started at Fenn Gibb ?
( Côté Lake Deposit currently stands at 131 million tonnes grading 1.0 g/t ) Fenn Gibb estimated resource includes 1.30 million gold ("Au") ounces at 0.99 grams per tonne.
More time and exploration is required to see just how big our deposit is. Everyone is pissed at the moment and down about the price but it seems we are out of the gate with some decent resource estimates and they are only going to get larger as we go. There will be lot's more action in the months that follow and the price will go up as we make headway on grades and ounces poured. It's a waiting game...........but there is still a lot happening. My opinion only.
Warren