GREY:PGDIF - Post by User
Post by
xDeBeerson Sep 02, 2014 9:34am
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Post# 22896484
Exploration update
Exploration updateAll good news. Business as usual. They have a mine. They know it and they go merrily on their way without any spruiking.
Area B drilling is deferred. That is a real shame. That had explosive upside potential for the stock.
The new kimberlite they found is a north-south linear feature. Has a good strike length of over 500m, but if it is only a few metres wide it doesn't do much for the tonnage. 1Ha at best I would have thought. If is has blows on it, that would be another story...
Liked their talk of preparing site infrastructure and environmental studies. Their new logistics guy has been busy too.