GREY:RDEMF - Post by User
Comment by
wiseyoungmanon Aug 15, 2016 6:32pm
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Post# 25143964
RE:More pics on web site
RE:More pics on web siteI am guessing the first gold pour will be 3rd week of september. I feel management will deliver a bit early. On another note, many folks do not appreciate the value of the Company's Vetas asset held by CB Gold. The former incompetent management spent about $70M trying to model an open pit which in all fairness was the flavour of the day going back to 2010-2012. That is the reason they only came up with 400,000 ounces of indicated and inferred ounces in the first 43-101 published by CB Gold. However, why was there such a battle for CB Gold won by RD? Because drill results were so good by rich veins that it will be easily expanded to 1M high grade ounces. Per management that will be a 2017 drill program. Current focus on starting the San Ramon mine and then expanding production to 2000 tonnes a day. The last acquisition of the silver mine is for our pipeline. Icing on the cake. Very excited and giddy about this little gem. Stock well positioned for next move up. GLTA.