27g/t over 38.9 meters.W hat does that mean ?It all depends of course on is this an anomoly in a small area or does this type and grade of ore extend over a large mineable area. It appears they may have found a possibly subtstantial orezone at around 500meters with a very large width and who knows maybe even more below that.
PVG is currently mining about 11 g/t and making lots of money. It's currently trading at around $15-$16 CA with 200 million shares.
The step out drilling and the fact that Balmoral also found gold next to the WM mining lease boundary bode well. There would be a lot further confirmation and expenses to go but this looks to be a very good sign of more to come. It will be sure to intersest others if results loke these continue. Could This Be Detour Lake 2, or even better ?
What's the price going to be tomorrow ? I say it will trade in the high .40s possibly ending tomorrow at .45 CA