RE:Too bad !
So am I disappointed selling my shares for a about a 70% profit not yet. It is still trading in the same range.
Nice hole! One would almost think the stock price should have taken off. So what is the issue? Grade and width really nice for a large open pitable Resource but!
So with such a nice looking hole why am I not crying lol! There is a reason the market is not excited yet and for the most part it has to do with depth of the mineralization. So take a close look at the hole most of the gold is located at 233m and deeper. And the highest percentage of that is at 276m and deeper. As you can see there will be a massive amount of early construction stripping and with it large costs. Another issue we really do not know the true width of the hole. Banyan and Victoria is generally reporting 90% of true width.