RE:Summary of my notes for decision to invest in EAG
Excellent post there Goingdeeper. I am 100% in agreement with what you say regarding the resource being expanded with future drilling. The fall 2013 drilling was scout and expansion drilling with a very small amount of infill. The Spring 2013 drilling extended the main zone from a length of 650m to 850m and it also found gold at depth. The size of the new deposit very much depends on how much credit SRK consulting give to the new 500m SW extension. Only 18 holes have been drilled here so maybe very little will be added to the resource. I will stick my neck out and say that the resource will be between 2.5m and 3.0m ozs. There will be more than 1m in the indicated catergory.