RE:Reason I asked the question...Much more money pouring into gold stocks this month. I am over invested in Covid plays or I would have bought some FVL when they made that find. I saw Alamos partnership as a plus here, but apparently GFG off the radar or people don't want to risk major shareholder.
Generally I look for 3g per ton minimum. Intercepts over 10m make mining more profitable because there is less over-burden to remove or wasted processing tonnage. 50m or greater is just gravy and usually means it isn't so much just veins that have deposits, it's like Gold Rush where gold is dispersed somewhat evenly once they get close to bedrock. 2g per ton is profitable when you have 100+ m intercepts. But why have 2g when u could find 4g in another play.
We are dealing with nice size multiple veins here in GFG, IMO FVL's result might have been lucky enough to drill at the right angle to follow a vein.
I apologize for being happy the price hasn't moved here, but I want more GFG soon. Alamos will buy this out ineviatably IMO. Old school investors are careful not to bid the price up and acquire shares slowly over time. Recent trading has appeared to me, to bear this out.
JMO's GLTA