Goliath Resources Ltd V.GOT

Wait and see approach

[BILLMINER]

 Doing some dd after reading their nr this am. Trying to determine gold grade they may expect in this zone or zones. This is simply my take on what they may have drilled into. They apparently drilled under the south part of the cliff showing, where previous channel sampling returned approx 4.5 g/tAu over 3 m. News release mentions high grade angular float found nearby but not the channel results. Their first 2 drill holes are located a distance to the se, separate from the main surebet zone which trends in a nw-se fashion. DDH 1 was drilled to the se (140degrees). It seems as though they are chasing a ne-sw trending structure. Presentation mentions cliff zone is 40 m wide , however they channeled only 3 m.? They depict the surebet zone as having a certain width over a certain distance, however there are lots of gaps in the channel cutting along the strike. 3D video shows what they depict a known zone going to certain depth and having a certain width. With no drill holes? A few question marks remain for me. Nice looking rock? Sure, the mineralization they do show in the core. I’ll wait and see what transpires with this one.

[marsman1]

Your analysis is thoughtfull , but I respectfully disagree with you on a couple of points. First , I have utmost faith in the drilling team . I think they know exactly what they are doing . Second , and most important is the fact that if you wait to see more results , are you going to be willing to pay alot more for shares? Third , why not buy a small amount , an amout that won't hurt if

[BILLMINER]

The drilling team drills, it's the geo who spots the hole. Assays will probably be at least two weeks to four, so I'm relatively certain I'll have time to enter if I decide too. Looking at old news releases I see that this company has a history of describing core prior to assays with a bit of let down on the results. Just things to watch for with juniors .