RE:RE:RE:RE:RE:RE:for context In these times no doubt GP and experience helps significantly for those looking to invest, no question he is well connected big plus for us....we have a deposit ( strike zone) partially mined , 14 mil oz produced from 10 % of a 70 km strike zone, the rest hardly explored, with current focus in and under the 5 mil oz mined at con and clearly he has proven there is more, but big question is how much, with results due to us soon we will get a taste of this potential.
really comes down to what looks like a few more meters to see if there is a bonanza for something bigger but as a minimum, he has stated, enough to forge ahead with a smaller operation. The other good thing is he has barely scratched the surface in the 20 min north of town where he has proven gold and great potential for more.
while Gerald has said it, I have my doubts that the con site is such a big liability to Newmont being that it's 98 % remeadiated and as such we have the potential for Newmont back in, who is obviously watching carefully, would they trade away a 2-5 million oz deposit potential for something less than 10 mil and some royalties.?...the answer to that could rest in those few meters to drill.....which is in part why we wait ...but a same time so much more potential.
end of the day, if Newmont does not know how to do it, Gerald will show them, we, unlike others, have the best of multiple worlds here and at this point, none of the options look bad. If we are not a buy we will never know what one looks like. Check out the historical interviews and satisfy yourself that the man is doing everything he said he would, no reason to doubt he won't continue, market money or No market money...he is a bull and no holding him back.