RE:I can't believe the Markets poor reaction to today's assay HHHAPPY wrote: report!. the BONANZA core that showe record gold presence seems to have so impressed the Market that subsequent assays are treated as disappointing werhe as they are actually quite impressive compared to normal numbers.
31.4 grams equals 1 Oz of gold. So work the assays with depth, length and width and the numbers of gold reserves grow exponentially. Whether any more Bonanza cores are found I feel an open pit ore body will be significantly viable. As well there is possibly another area of GLM's that they believe has similar potential.
Wake up, investors
You may prove to right in the long run, however I sold the majority of my position today. I took a loss and the reason I sold is that this story did not unfold within my investment expecations given my time horizon. I think this story will take a lot longer with a lot lot more drilling. The results are dime a dozen and nothing compelling here in my view. I may be wrong but feel I have to move on.
Good luck to all investors here. I will keep an eye on this but unlikely I will be back any time soon.
BC