Brilliant Strategy for GBB Kudos to managment. Most companies post real N 43-101 resource estimates.
GBB adopts new strategy. When you have limited cash and existing base case in pit 43-101 resource is only 1.1 million ounces simply post potential quantities and grades and targeted ounces of gold.
I wonder if retail GBB investor even knows the difference between 43-101 resource and potential and targeted ounces. Based on posts obviously not.
I hear Osisko is targeting 500 million ounces of gold and Detour 700 million ounces. LMAO!!!!!
The potential quantity and grade is conceptual in nature as there has
been insufficient exploration to define a mineral resource and it is
uncertain if further exploration will result in the target being delineated as a mineral resource.