GREY:KXLAF - Post by User
Post by
mellow99on Apr 04, 2011 2:30pm
488 Views
Post# 18382734
quick note to add on PDG's PEA today...
quick note to add on PDG's PEA today...Those figures released today, reflect the findings at Magino, up to a few months ago....They do NOT include any or all the iinfill drilling that will be ongoing for 20000 Ft....We already saw the fabulous drill resultsof 231 M. and 170M Gold mineralizatiion around .02 g/t, with 18,000 still to come...
Having said that , one could easily see the known reserves increase substancially, as well as the stated costs decrease substancially...This report today is PRELIMINARY...the most important of all is that it is and certainly will be economical, that has now been officially calculated...
I still remember Mr. Maher saying to me, the most important report/confirmation to watch for is the PEA...well this PEA was everything that was need, to next proceed to the next complete PEA in a few months....Great news for PDG!!!! This stock is going places..especially when the full account of the Open Pit ares is tabulated, and a drill program begiins for the much richer grades at depth....stay tuned...we probably haven>t heard or seen , this Magino Golden Mine...can"t hardly wait....
M99