Peter gave a 10 minute presentation at KegIt was not availiable online so I am trying to get a copy of it. With the latest drilling information it appears that Peter is attempting to connect the Alpine and the FMN zone. Both drills are working on this geological interpretation and if he is right we could be talking another 2,000,000 ounces with many more targets to test.
As a side note I wish Gareth would understand he does not have the skills necessary to promote his company. I am tired of hearing we are a drillbit story and these deposits are hard to figure out. How about telling us that Peter is getting a better handle on the geology or the significance of of 5 grams per ton at the bottom of three holes on Alpine, all in Rhyolite. Both Gareth and Peter were surprised to find gold in the Rhyolites. I am certain that there has been Senior interest in this project and am only hoping that Gareth keeps an open mind. It took ten years to find the first million ounces and shareholders are not interested in waiting another ten years nor do they want to see retail dilution. GLTA