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Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG


Primary Symbol: T.AGG



TSX:AGG - Post by User

Comment by jdn55on Apr 23, 2020 10:09am
95 Views
Post# 30944052

RE:RE:RE:RE:RE:RE:.30 and counting

RE:RE:RE:RE:RE:RE:.30 and countingSpence is going to drive the board moron, TreeTroll and the other noted naysayers crazy with all his talk about nugget effect and coarse gold. lol! Spence reminds me of the other poster going back to around 2014/15 that was on this board named Golden something or another. Technically that guy was good. Keep posting Spence!

As Spence stated the "coarse gold effect" is a factually proven phenomena with Kobada if you did deep into the archives though. It was particularly notable for giving a bump in the lower grade zones. It's important to note the coarse gold effect won't be a factor in the new resource calculations. You won't see it's effect until you actually mine it. Based on past bulk sampling data though I believe that once Kobada is mined the coarse gold effect will conservatively result in a positive variance of gold mined by at least 20%.

With regards to diamond drilling, as Spence also alluded to, the results will typically be understated in this type of deposit. What DD drilling will do though, besides enabling the drilling of deeper holes, is give a thorough understanding of the structural geology of Kobada. I believe this data is probably going to be important for the updated FS which is why management did this.  

GLTA and stay safe!    
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