RE:Crescat update 1 hr 7 min mark
Well the Valley target is absolutely huge. There is certainly no doubt about it. Not sure if it will be as good as Quinton Hennigh has outlined in the video but yes it's possible. Even if it was half as good I would be very happy. I'm glad he mentioned about the favourable metallurgy in these type of deposits and the relatively cheap mining methods used at Fort Knox and Victoria Gold's Eagle deposit which are similar type of geology. He also mentions the average grade which is often in the 0.5 g/t to 1.5 g/t in these deposits
I know I'm pumped about this discovery. I honestly think SGD will end up with a valuation over one billion dollars and it could happen quickly if the market understands just how large this gold discovery could be. If the Gracie ends up being similar to the Valley discovery well this discovery could be astronomical. We are talking about it being one of the largest on the planet. I would think a gold major like Barrick or Newmont would definitely want it.