RE: RE: RE: Market Cap $85 MillionMy message to management.
Today, you really screwed us in the eyes of the market reporting 699 Koz at a grade of 7.67 g/t and at a cut-off 3.0 g/t! You need to clarify to Investors and the Market re: today’s Resource Estimate NR.
The statement, quote “The reporting cut-off grade is based on the assumption that that the Windfall Lake Property gold deposit is an underground narrow vein deposit”
Hasn’t our Model changed, from High Grade Vein to Low Grade Bulk Tonnage, underground or from surface? You don’t even mention this.
If a Low Grade Bulk tonnage deposit, you could have easily used the Gold Cut-off 1.4 g/t for 998,000 oz at Gold Grade 4.17 g/t or lower to be above 1 Moz.
So why didn’t you Headline the lower cut-off grade for this conceptual Low Grade Bulk Tonnage Deposit?
Cheers, Mark