Post by
blackgold14 on Nov 06, 2020 2:16pm
Drilling Intersected 6 metres of 847 g/t (24 ounces) Silver
Drilling World Class Silver Deposits (over 20 ozs/ton) ?
The drilling program on those super high grade silver veins just outside the main deposit at Bilbao is going to start this month.
If they hit anything like Drill Hole X26 which returned 6 metres of 24 ounces per ton (847 g/t) silver or longer intersections of 10 – 20 ounces per ton silver, then we could see a mega move up in the stock especially since it seems that the price of silver is starting to break out again to the upside.
If the drilling program shows that these satellite deposits are open and have potential for expansion at depth, we could have a world class discovery.
Management, insiders, close shareholders own over 80% of the stock and the float is very small. Any great news will send this stock over 50 cents in no time.
The exceptional high grade of the silver associated with these veins is what makes the upside potential on this drilling campaign and the stock unique. There aren't many silver deposits in the world that have drill intersections of over 20 ounces per ton silver. If a large tonnage of super high grade silver can be proven, a future mine would be incredibly profitable at the current silver price.
Comment by
blackgold14 on Nov 08, 2020 9:01pm
a followup question on my last post ... anyone know the exact date the program starts and how long it will take