Mandalay Resources Corp. T.MND

Intersects 1,780 g/t Gold Over 0.17 m

[smallcaptdr]

Intersects 1,780 g/t Gold Over 0.17 m

The grades look great until you realize that its only 0.17 M. I like how they record it putting this high grade number to attract you in but the other grades are nothing to write home about. Now if it was 1,780 g/t Au over 10+ M that would be something. GLTA  JMHO  (always DD)

https://www.stockwatch.com/News/Item/Z-C!MND-3266021/C/MND

[Nick2021]

The grade is great -- at Costerfield, their stopes are a minimum of 1.8 meters.  This means that a width of 1.8 meters means that grade is what gets mined.   This is 1780 g/t a width of .17 meters, which is almost 10% of 1.8 meters (math here is approximate).  That means that when they convert this into reserves, or mine it, it is functionally 178 g/t.  Needless to say