Pinnacle Silver & Gold Corp V.PINN

RE:RE:Drilling result and plan

[mackvorkian]

@mackvorkian @Goldboy1 I have suggested to mgt on several occasions that they should use that 1000 ton (tonne) bulk sample permit to go after that 4.6 meter 239 gpt (7 ounce a ton) Gold near P17-10. I think it could be worth around $11 million if I remember correctly. I think that they even have the equipment on site that they can use to get it. Mining this area for 1000 tons would also bring huge attention to the project and a much higher s/p. Even announcing that they were going for that Gold would garner excitement and give hope to investors. My view is that they should consider offering a contractor a % for getting the Gold so that we don't have to burn our cash. But, they always seem to have a reason for not doing it. As for that 500 mt deep hole into the porphyry, they would have to either get rid of the RC drill and bring in the Diamond Core Drill or just get the additional drill. The Core drill costs a lot more, but drilling it sooner than later makes sense to me. Apparently the core drills are much less in demand and they could probably get one qwik. Here we are at $1850 Gold with all the gurus predicting $2300 Gold or higher in 2021 and we are sitting at 10.5 cents. And that 12 day return lab has turned into 40 days or so days? I still think that our immediate action should be to twin any of the PAM previous operator hot holes and get some more holes into the Merritt zone to get us 500,000 ounces. And yes, get a DD into the the porphyry asap. After the disheartening recent results, investor sentiment has been damaged. Mgt is going to have look at this project differently and take different actions in order to get the s/p up. They do have a couple $mill and they need to take innovative action soon before we go into dilution hell.