OTCQX:GTBAF - Post by User
Comment by
Chad005on Oct 25, 2019 6:22pm
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Post# 30271565
RE:RE:Why can't inferred resources be calculated instantaineously?
RE:RE:Why can't inferred resources be calculated instantaineously?That’s why I got excited about the last drill results.
I think most people freaked out when McEwen Mining sold off 1 million shares and the share price pulled back. The last drill results were showing continuity of mineralization. The strike length of the LP fault is HUGE... We aren’t close to inferred resource estimates yet, but break out a calculator and try even low ball estimates right now...
The disseminated gold they keep hitting is going to add up the oz’s quick. This is exactly what a big gold company is looking for. If they keep saying continuity of mineraliztion each time they drill... Every time they step out and find disseminated gold we are closer to the godfather offer, which is why the royalty news came to hold that off.
I’m not looking for inferred estimates anytime soon, if they keep hitting the same mineralization on these step outs that’s good enough for me.