RE:RE:Ressources updateaschi1 wrote: Resourceupdate - what to expect ? 300 K ? phuu that seems like disapointing ;) While another Guy throw around sensless Numbers and stupid Mining Calculations - we can have a look at some similar Companys and Projekts to make our Guess.
For Example Detour Gold - from 2006 to 2007 drilled 50.000 Meters to add 4,4 Millions Ounces to their Resource - the next 73.000 Meters added again 5,4 Million Ounces of Resource
Troilus Gold drilled 37.000 Meters from 2016 to 2018 -> added 2,9 Million Ounces of Resource
another 38.000 Meter added 1,4 Million Ounces then - depending how much is infill etc.
So breaking this down Maple could end up somewehere between 1 to 1,5 Million Ounces to add in total ?
I guess around 3,8 to 4 Million Ounce Resource then - lets see
Anyway inferred Resource isn,t valued - so Maple has clearly a lot more drilling to do - 100 % Eagle and the Results from the 1000 Meter deep Hole could bring some fantasy later this Year.
This stupid Comments from Goldman about mining etc. Someone have to tell him that Permitting Process needs a PFS before - so PFS, FS, Permitting, Construction you can count on 4 - 6 Years minimum -
Maple is in the Business of Exploration and will sell when economic Numbers are on the Table
Not this Year, not next Year - just my opinion
BR
Aschi,
Great post!!. Probably the most intelligent post I've seen in a few months on this bullboard. For the cheerleaders you could have added on GO MGM GO or TO DA MOON at the end.
Realistically if they can convert 19,000 metres of drilling into another 1 million ounces that would be great.
We've got DUM DUM Goldman posting BS and one lie after another on this forum the latest one being the Northern Miner article. There is no such article posted in the Northern Miner. Sad to see a few dumb posters actually believing Goldman's nonsenical claims. I guess when you lose 85% of your pumped promotions you start getting desperate and making things up.
We've also got one ignorant neanderthal poster full of profanity laced tirades who thinks he can hide behind the anonymity of an IP address and dictate who should or shouldn't post on this bullboard. Hilarious!!!