OTCQX:GTBAF - Post by User
Comment by
flashcashon Feb 16, 2020 8:35am
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Post# 30696858
RE:The Grid Chris refers to is 4000 X 500 so
RE:The Grid Chris refers to is 4000 X 500 so
Goaweigh wrote: if it's 100 meters thick and we apply gravity of 2.5 and grams @ 1 we get 16,000,000 Oz.
Should be worth $ 30 per share +
So this is where we are heading over the next year while also stepping out looking for new zones along the remaining 15 Km's of strike, give or take.
As I mentioned long ago I'd love to see a grid of holes, maybe even at 400 meter intervals or wider, drilled vertically down to 1000 meters or deeper.
Even one or two of those successfully hitting mineralization all the way down would really light this thing up and I wouldn't be in the least bit surprised if, now that we have bigger drills, we don't do this !
In fact I'd be surprised if they haven't done this already ! Very very surprised !
More news on Tueday maybe.
I doubt it's 16 Moz for the length and the depth tested at the moment, I am getting a conservative 3 to 6 Moz...majors take a BIG interest at >5 Moz ! We are going to just fine.
GLA