GREY:SVVYF - Post by User
Comment by
siboon May 24, 2017 7:29pm
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Post# 26280197
RE:Good Story
RE:Good StoryIn their statements they explain they're financed through 2017 and well into 2018 so are not concerned with fimancing. They're now putting together the next drill program and studying the results of the last drilling. I believe a resource update will come by fall and pricing from that may well assuage your worries.
A previous poster says they'll "not hit high grade gold". I think eventually we will, as some previous results have been very good grades. SCA has also got surface oxides which can be mined at very, very low costs, even well down below a gram. A reading of the recent release will illustrate some of the very high grade zones hit (up to 85 gms/t) and the large number of targets now being addressed with drilling. This company has extraordinary growth potential.
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