Gold Price and EuphoriaCheechoo is a low-grade disseminated a gold system.
We now have a RE of probable 1.6-2 millions ounces of high grade gold at 0.69 g/t located
on Cheechoo prpperty.
The next drilling phase can probably add some hundred thousands ounces particularly in the Eclipse zone.
It looks like the large strike zone (0.4-0.6 g/t) is not interesting at 1500US$ for the big investors BUT at 1700US$ or more in 2020 things can change very rapidly and improve the total of economical ounces of gold available. Retailers will not notice but some investors will.
DD tried to improve the cut-off grade of the nugget effect but he had to release the mayden estimate with the actual value.
A higher gold price can certainly improve the interest and bring back the euphoria that we had in the gold market in 2004-2005 ... imo.