Excellent news I know the day traders are looking for spectacular numbers, but for the longs, this news is excellent. We have continuity down there....
I entered the numbers in my spreadsheet and we are now up from 188000 oz to 248000 oz of gold, at a density of 3 and true width of 70%.
This is 1/4 of a million oz in a very early stage of drilling. They announced further drilling, deeper, which I believe is the way to go. The value will go up only if they discover a potential mine, and I think this is what is happening... We are now at 1000ft deep and we still hit high grade, 37,1 g/t in 4,8m is a very nice hole....
I see only one direction; UP WE GO!