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Bullboard - Stock Discussion Forum Enduro Metals Corp V.ENDR

Alternate Symbol(s):  ENDMF

Metals & Mining Industrial Metals & Minerals
Enduro Metals Corporation is a Canada-based exploration company focused on its Newmont Lake Project. The Company is engaged in the identification, acquisition, and exploration of prospective mineral properties in Canada. The Newmont Lake project is a 688 square kilometers (km2) property located between Eskay Creek, Snip and Galore Creek within the heart of northwestern British Columbia’s Golden... see more

TSXV:ENDR - Post Discussion

Enduro Metals Corp > NW Zone
View:
Post by VENMan on Aug 03, 2020 8:12pm

NW Zone

From our last news release dated July 28/2020 it stated:

Dramatic changes to mineral economic factors resulting from gold prices increasing by 2.5x since time of drilling, gold prices increasing by 4.0x since historic resource estimates, and the construction of a hydroelectric powerplant 16km from the historic NW Zone leads the Company to believe that there is significant potential for more gold of economic interest within the historic NW Zone, in addition to extensions and new targets identified in the immediate area.

This reminds me of an interview with Ian Telfer where he said something like, If you drill a hole when the price of gold is low and you can't make money at that level you stop drilling and as a result you never know how much gold was actually there. 

GLTA! All IMO! always DYODD!! 
 
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