RE: Fort Knox Open Pit, .47 gpt "Those of you who buy more while its on sale and hang tight until 2013 drilling results may ffinally get the home run they have been waiting for."
That's my game plan.
GSR is an early exploration stage concern that has yet to find the source of the gold they are finding in trench, soil and grab samples. With characteristic like "wire gold" that suggests near surface and assay results with ""ounces" per tonne in select grab samples - odds are pretty good that there is a mineralized source. With that known, the question becomes whether or that that source (or sources) are economic and if so, how much so? With those deposits being found elsewhere in the region and in close proxity to the properties that GSR owns, the odds of finding something decent are heightened once again. Meanwhile, the only way to find out is to drill and drill again. That said, GSR is not for the the faint of heart but rather, for those who are willing to roll the dice. A so called "homerun" type stock. One that I will periodically reveiw and accumulate over the winter months because the next baseball season starts next spring and I hope to play "center field".