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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by JR5on Jul 29, 2011 10:02am
184 Views
Post# 18886792

RE: RE: RE: News-32m/2.2gpt Gold

RE: RE: RE: News-32m/2.2gpt GoldI was being ultra conservative . The infill drilling I was just changing the category to measured and not counting it as new ounces (burned last time on that). The step outs could very well put the total of all three categories above 700,000 ounces in total, but I didn't feel I had enough facts to go with that number. The fact that they will continue to drill beyound the latest stepouts reported will have a profound effect on total ounces. The operator seems to have identified the main trend but seems to be looking for something, perhaps a source point? Just guessing. Rather than stretch the drilling into the fall and the potential for crummy weather I would try to get another rig or two mobilized and get er done while conditions are at their best.

Cheers,

JR.    
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