Post by
JR5 on Oct 20, 2011 8:48pm
What if
the visible gold at the surface continues down 150 meters? GM drilled a hole recently that had a few grams of gold per ton but it went from the surface to over a hundred feet. Result the stock tripled from its low and the company has a takeover offer This is the first time we have had these numbers at the surface along with visible gold. There is a point of origin for the rich showings of gold. Could it be the Frank discovery? I am guessing we already have our first million ounces of gold at VL. If the first cores at the Frank discovery give high grades and continue 150 meters down then the next million ounces won't take as much drilling to prove up. If we hit the source we may have to go deeper and that just means a high grade deposit and a lot more tonnage. Finally something to get excited about!
Cheers,
JR.
Management might want to do some promotion about now. There are some interested companies that will be watching the release of the drill results on the Frank discovery!