Criteria for a gold mineTo make a gold mine you need a concentration of gold. Scattered showings, however rich, don't make the cut. The Scadding property has lots of gold showings but is shy on gold concentrations. There are reasons why this stock went down to 5.5 cents a few months ago!
Looking at all the data to date I see showings, not minable concentrations. There may be something to the south-southeast. Unlike a lot of investors, I liked the last result of 21.5 m of 3 g/ton. That hole could indicate a mineable concentration to the southeast. From a geological perspective a limestone layer can be an excellent trap for gold and we know granitic gold bearing fluids, probably acidic, were moving through the rock.