RE:RE:RE:52 g/t gold over 12.3 m I totally agree. I thought it was headed to test its past highs. Like you said, these are the first results from this program so we won’t have to endure months of waiting for more results. Bring on the speculation.
Also of note sedi shows HudBay Minerals with 33,000,000 shares, Pinetree Capital/Sheldon Inwentash with 25,000,000 and Diagem with 1,000,000. Anyone know if they’re still major players (as it states HudBay and Pinetree “ceasing to be insiders”).
Anyway, these were impressive results for sure.
SuneeDaze wrote: Yes, that was another reason I dove in today.
They aren't just releasing crazy good results at the end of a program before an anticipated financing (as per the norm).
These are actually the first assays from the current drill program. And let's face it...management isn't stupid...you always end on a positive note (for the next financing). Their last holes released will be high grade as well. If need be, they'll go back and perform a smaller stepout to get results. The fact that there is vg in the high grade zones makes it easy for geologists...they'll know if they hit (and adapt otherwise).
Like shooting fish in a barrel.