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Bullboard - Stock Discussion Forum PMI GOLD CORPORATION PMVGF

GREY:PMVGF - Post Discussion

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Post by twintomatoes on May 25, 2011 12:24am

Gold HIT

PMI GOLD REPORTS DRILL RESULTS!!!!!!

KR11-036: 125.0m @ 2.18g/t Au from 271m
 
Including:
8.0m @ 19.01g/t Au from 271m
    18.0m @ 3.12g/t Au from 346m
   
NKR11-038: 118.0m @ 2.43g/t Au from 386m
 
Including:
4.0m @ 9.82g/t Au from 394m
    23.0m @ 3.66g/t Au from 405m
    2.0m @ 11.60/g/t Au from 445m
    5.0m @ 5.56/g/t Au from 477m
    16.0m @ 2.91g/t Au from 488m
   
NKR11-041: 26.5m @ 1.48g/t Au from 350.4m
 
Including:
5.0m @ 3.34g/t Au from 350.4m
    3.0m @ 5.11g/t Au from 374m
   
NKR11-042: 7.0m @ 2.47g/t Au from 301m
   
NKR11-043: 52.0m @ 3.37g/t Au from 201.0m
 
Including:
9.0m @ 4.36g/t Au from 201m
    16.0m @ 7.74g/t Au from 214m
  18.7m @ 2.33g/t Au from 280m  
 
Including:
7.0m @ 5.51g/t Au from 280m


Comment by twintomatoes on May 25, 2011 12:26am
PMI is up over 10% on the ASX on big drill results!!!
Comment by PaulMusselman on May 25, 2011 8:06am
On the scale of 1 to 10 what would this rate as . I have no knowledge how to read these drill resultsThanks
Comment by OracleOfOttawa on May 25, 2011 10:17am
Assuming that a cubic meter of "dirt" weighs a tonPretend you are about to dig a parking garage, 5 stories, so let's make it a big one :)100 m x 100 m square, 5 stories (4 m high each)that's around 40,000 cubic metres, so 40,000 tonsdivide that by about 8 (say 3.5 g/ton average) and you get 5000 oz of gold.Say it costs you $500 to get these 8 cubic meters dug up and ...more  
Comment by PaulMusselman on May 25, 2011 10:47am
Thanks Oracle I will be hanging with you
Comment by OracleOfOttawa on May 25, 2011 10:49am
IMHO, i think this is horribly undervalued at this price and management has not done a very good job of promoting this stock/bringing in some fresh money.Maybe they should hire tomato :)
Comment by TheWordofGod on May 25, 2011 12:01pm
o 8.0m @ 19.01g/t Au from 271m  o 18.0m @ 3.12g/t Au from 346m    --  118m @ 2.43g/t Au from 386m, including:  o 23.0m @ 3.66g/t Au from 405m  o 16.0m @ 2.91g/t Au from 488m    --  52m @ 3.37g/t Au from 201m, including:  o 9.0m @ 4.36g/t Au from 201m  o 16.0m @ 7.74g/t Au from 214m-- 18.7m @ 2.33g/t Au from 280m, including:  o 7 ...more  
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