RE:RE:RE:RE:RE:RE:RE:RE:Market Cap / Purchase Price ComparisonsGBR drilled a Fence. They said they were drilling a Fence. The Fence was 4K long by 400M deep. I think they were going 75 meter spacing between drills. The results were very consistent as there was a fair bit of disseminated gold surrounding the main vein. They had a very big drill program to drill out the fence. All cashed up, just like NFG.
The goal was to be a farily robust Reserve Report with a lot of measured and indicated by the close spacing of the intercepts along the fence.
You only have 800M so a far at Keats, and fairly narrow results so far at Lotto and the other zones. I am sure Keats extends down at depth from where they are already.
I am sure the valuation here is way ahead of the amount of gold reasonably estimated that has been discovered to date at Queensway.