Post by
pepperino on Dec 28, 2023 1:52pm
Detour East
Currower, you might be happy in 2024. From the Wallbridge website:
"In 2023, data compilation, interpretation and targeting will be completed to get targets ready for active exploration work to be done in 2024"
It sounds like drilling will happen (finally). I hope they have enough money. The drill budgets are gettign smaller each year. In 2016, Balmoral discover gold on Detour East at the Lynx and Rambo prospects.
"The main gold occurrences on the property are the Lynx and Rambo prospects with highlight drill hole intersections of 9.61 g/t Au over 6.25 m and 1.22 g/t Au over 20.10 m, respectively."
I sure hope they find alot more of this. I'm optimistic for 2024 to be a good year for expanding the resource.
Comment by
russelltfloyd on Dec 28, 2023 5:57pm
50 million dollar shelf is about 500 million more shares currently. Dilution is the enemy of the bagholders. Glad I got out cause I can always get back in. Biggest threats to longs are consolidation,dilution and mediocre drill results. Good luck.