Goldrush Resources Ltd GDRRF

Goldrush's Pompoi permit

[dawg3]

Goldrush's Pompoi permit is getting some more attaention today. Roxgold drilled some nice results however they are located almost a KM underground getting deeper as it heads toward Goldrush's Pompoi permit.

 

The good news is that GOD's gold is sitting under gravel that could be used to build roads in the area and sold as gravel as it is excavated. also it is easier to excavate through a mill thus granting them some small initial gold deposits closer to the surface.

 

What gets even better is the gravel indicates there could be some good placer deposits in Goldrush's Pompoi permit that have been accumulating for who knows how long?

 

I have always liked Goldrush

[saile1]

Market for GOD unchanged.Guess whatever the Pres said at the PDAC fell on deaf or unimpressed ears.

[dawg3]

Just wait and see. With the U.S. markets topping out, the profit takers will be looking for other areas to invest thier money. The Venture has been deflating for far too long. If it lasts much longer it will wipe out the exchange all together. Which is not likely to happen.

[Flopticalcube]

Its an odd situation. Just one day of Fed QE ($4.25b) could fund every company on the exchange with nearly $2m each. Imagine what would happen if even a tiny, fractional percentage of the money that leaves the market enters into junior miners!

[saile1]

Either way rumour has it that JV options are on the table so I think GOD will get out of this mire of malaise sooner than later i.e. the properties are in a more stable local, have good value and abut up to other producers.