GREY:XMTTF - Post by User
Comment by
format15on May 16, 2015 3:28pm
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RE:RE:RE:How they gonna fund the next drills?
RE:RE:RE:How they gonna fund the next drills?I still have a gut feeling that the 4th hole at BFW may be a sweet one and, according to how I understand the PR, the assay results from the Feb 19 release were from only the first 2 holes and consisted of 10 x 1 meter samples.These 2 holes could easily have better values throughout the length of the holes.
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"A small batch of test assays consisting of ten 1 metre sections from holes 1 and 2 have been received from the laboratory. Samples from the first hole contain anomalous arsenic and up to 0.3% zinc over a sample interval of 1.0m. The highest copper value obtained is 500 ppm over a 1.0 m sample interval. No graphite was visually observed in any of the holes drilled to date."
Nothing is mentioned about about assays of hole 3 or about hole 4 in El Ninho. What is there?
Is it possible that they received good results in the assays and all this delay is because of a JV?
Supposing that good things are coming from BFW and maybe Grasset too why not grab Win Win?
As others have mentioned Win Win can be drilled year round and Grasset only in winter or an expensive fly job maybe.
Is there something so good that more dilution won't make much difference in the long run?
I'm more optomistic as time passes with no news.