Post by
yhzsailor on Feb 23, 2021 6:26am
Open at Depth and Length
As those of us who have been long suffering OX holders know, this deposit is open at depth (the gold belts fold over and plunge down and the depth of the plunge is still unknown ) and the length of the deposit probably runs from East Richardson all the way over (5km) to the former Dolliver mine site. There seems to have been very little attention paid to Dolliver for years with the focus being on and around East/West Goldborough (Former Boston Richardson mines). I'd love to see them drill the the heck out of Dolliver. IMHO the deposit has not been bounded, nor has it been fully in filled drilled. The most recent drilling results don't seem to be deeper than 300m, and nothing recent further west. There is major mine here, which could generate lots of money and then be used pick up other historic gold mines and long staked claims with promise in the area (there were other gold mines further up in Country Harbour, and over in Wine Harbour). My point is it doesn't have to be a one and done 10 year mine. Yes the economic analysis may have to be written that way, but there is expansion opportunity within reasonable distances. The question is, are management and the major shareholders taking a long view like some of us (like 12 years), or are they in this to make a quick buck. The quick buck people have constantly damaged this property's long term value.
Comment by
DoumDiDoum on Feb 23, 2021 7:33am
"Here ye, here ye", the sailor is back! ;-) I cannot be more than in agreement with you yhzsailor! That's what I meant in my story when I said that "the BEAST needs to tend her babies so they grow healthy"...