RE:RE:ReflectionsIvorygull wrote: Hermod wrote: After yesterdays webinar, and tbh already during, I got a new gut feeling.
I know this is very unscientifical, but now I am lookig to see if anybody else got that same feeling, to bear with me.
The feeling I got yesterday was that, somehow, things are starting to "get real". I think I could notice a added new level of seriousness in the voices of both Chris and Bob, as if they both now realize how much value there is in the ground. The tone just felt to be a bit different compared to earlier on. Even more sincere, even more certain.
I cannot put my finger on it any more than that, and all I got to go on is my gut feeling. Anybody else noticed the same thing?
Thanks Hermod, you are definitly correct. I heard that straight away. The first thing I noticed is that Chris has a cold or something, so I hope it is just that and nothing more serious. I then could hear as he was showing us over and over about the continuity, that there was a frustration in him, which could be coming from the fact that he is sick, but I'm sure it's also from the fact that he is saying we are undervalued, and he was tring to show people that look, there is gold everywhere, so WTF is going on here.
He did seem a little frustrated that they are doing all they can and yet can't do enough, when asked about how the value was going to increase. It was of interest that while he said he'd like to keep going, and show the value as it could be such as what GoldCorp became, that if he were a company buying Dixie, he'd be buying it as one knowing that there would be blue sky potential. That for me is a concern, because we are a distrct scale endevour, not just a typical project with blue sky potential which would fit into one of those squares he was alluding to. That could mean losing out on a lot of blue sky. Both Bob and Chris were saying how many other targets there are. Chris did say that we have other areas that were available similar to Dixie that would be the focus for the future.
I know they are doing a fantastic job, and just hope they can do enough drilling in other targets on the Dixie property and to depth, to show what the potential can be, and give us the best valuation possible. One thing is for sure, Chris knows, even though he can't say it, is that Dixie is worth Billions.
I fully agree with you on the property size reasoning. I had emailed a question regarding drilling, specifically the north fault, to yesterdays webinar but it did not get answered. I also has thrown in a question regarding the other projects and what the plans might be for those. I hope these are questions that will get answered relatively soon, as I feel these do affect the overall value of GBR.
Another thing I have been thinking is that there should be soil samples collected from above LP fault in an attempt at evaluating the gold content in the soil. With such a massive ore body going all the way to surface, there ought to be enough loose gold in the gravel covering parts of Dixie to allow for some mining la Gold Rush style, perhaps shipping off the gravel to some nearby site and have it processed. I have no clue as to what the last ice age did to the area, but some gold ought to be left relatively nearby.
Last, I have been thinking about the change in tone we both noticed. There are a few possible scenarios, and I do hope - just like you do - that Chris is not seriously ill. I doubt anybody missed the fact that he has a cold, and in these times of course one thinks it could be the Cervesa sikness (George Gammon named it that).
However, my feeling still remains with the initial impression I got and that is that the reality and the sheer size has finally actually struck GBR and board of directors. There really is gold in every single hole they poke in the ground, and I am willing to bet an ounce of Ag that they already got some new holes, not in the LP, showing more gold and good grades at that. It goes back to what you mention them saying regarding other parts of the property being valuable too. There has to bee some actual knowledge regarding other mineralizations already, or else they'd be pretty much too focused on one single area. Somehow I doubt they are, even if that is the main focus.
Okay, this turned into a novel. Anyways, nice to have something to think about.
Spelling errors are involuntary. Just sayin'.