Lack of patienceEveryday it's the same posts regarding assay results and complaints about time it takes to receive assay results. Personally I'm not overly enthused by the speed at which we're receiving assays but it could be much worse. Our last NR was just over a week ago, GNH's SP has continued to drip for over 2 months now as they've had nothing since Sept 22nd. We begun our drilling campaign in the beginning of May and we've completed Phase 2 drilling as of the end of October so rather than constantly pester the board about assay results just sit back and wait, do DD on other stocks and know that all our Phase 2 results will be received within the next 2 months and then more Phase 3 results and a 43-101. If you've done your DD on the Granada property and have all the shares you want then all that's left to do is wait... Posting on this board and constantly checking for an NR is only time wasted that could be spent researching other stocks.
Facts:
- 30,000 metres drilled this year on the property since an outline for the Block Model of 2.4 to 2.6 million oz.
- Eastern Extension expanded to cover an area of 500 m width by 600 m length - potential for another Block Model.
- Block Model drilled to depths of 150 m, previously only 70 m.
- Eastern Extension drilled to depths of 300 m, previously only to 100 m in GR-10-17 Discovery Hole.
- Metallurgical recoveries of over 93% on low grade samples under 0.6 g/t
- Block Model may be widening as latest drill results show mineralization in North and South most holes drilled to date.
- Land package doubled as of last week
- 40 km west of OSK's Malarctic deposit and recent talk of majors banging on our door
- Market cap of 100 million??
At this point you're only your own worst enemy if you're willing to let go of your shares due to impatience at 70 cents or less. If you can't see the enormous potential this stock has for growth in the next 3-6 months then do us a favour and move on as you're a waste of time as an investor. Of all the junior explorers I've looked at this year GBB is the only one I've still continued to hold and and has the most upside potential and promise of any stock I've seen besides Canaco. Most of us have been here since before April accumulating our positions and expected the last of the results before Christmas but there's clearly a delay in receiving results which no one especially management is responsible for. I understand it's frustrating to see juniors going crazy everyday and GBB adding a couple pennies every week but to try and chase plays that have already gone for one that's on the of the tip of the iceberg in terms of breakouts technically and fundamentally would be a terrible decision.