Serra Energy Metals Corp C.SEEM

E79 Resources drills/assays 160.46g/tAu thru 11.1 m.

[goldtrail]

Theses results are similar to that of New Found Gold (NFG).  on their Queensway Project. 
E79 Res. hits these grades of gold on the first two holes.    Imho E79 should also reflect the same stock value if grades continue. E79 shares issued is 1/3 of NFG.    With total shares traded today some investores are taking profit, never too soon for that . This could be a $5. stock .

Hope with Patience, glta

[invest234]

it is not really 11m. they combined two high grade sections of 0.6m and 3m. look at the grade between the two within the 11m: 0.55 g/t 0.09 0.12 0.04 0.51 g/t documented historical production of that mine was 34,200 ounces of gold which is not a lot. maybe they find more gold deeper, i don't know, but what they currently have now is not all thick 11m bonanza grade. do your own dd.

[goldanalyst]

Exactly right I noticed that as well....They essentially hit a nugget and then smeared that value over a longer interval....still good hole but the risk is that it will be diffcult to hit more of these kinds of holes....there is no comparison here between E79 and NFG....as the latter have grade over wide intervals.... 11.10m @ 160.45 g/t Au from 190.40m downhole including: 0

[megacopper]

  I thought the same and did not buy for that reason but I honestly don't have enough information to make an informed decision with this one. Are there any other drill holes into this gold system? Still great results but perhaps not as great as it appears but I really don't know at this stage of the game and perhaps the company geologists don't know either. But anytime someone

[Warlockkk]

RSD Interview: E79 Resources (CSE: ESNR) CEO Rory Quinn - April 28, 2021 - YouTube

[barrymore99]

There are so many distractions out there these days, so, gold mining needs a few front runners.  I am cheering for this one.