Post by
speedyg999 on Jun 18, 2024 2:08pm
SGD hasn't proven up enough ounces???
Which other non-Whale company has proven up +7M ounces of high-grade open pittable gold?? And has a giant, prospective property package with fabulous never-drilled targets around it?? SGD is the world's #1 gold takeover target, and is woth way more than $9.50 per share. I have a $12-$15 price target on Snowline. WAKE UP FOLKS!!
Comment by
Retiredgeo on Jun 18, 2024 5:26pm
For the record 1-2.5/t is low grade. Boring, uniform, monotonous low grade which seems to go on forever.
Comment by
speedyg999 on Jun 18, 2024 5:58pm
Dont be dumb. The ore grade at Valley is 5-10X of gold grades at the Fort Knox Mine. SGD's ore is the envy of all the other outfits...
Comment by
Retiredgeo on Jun 19, 2024 7:13am
Worldwide low grade is 1-4 g/t, medium grade is 4-8 g/t and high grade is >8 g/t. Valley is a low grade gold deposit, huge but low grade. All of these reduced intrusions are low grade.
Comment by
Retiredgeo on Jun 19, 2024 4:44pm
You are subdividing low grade. There is one standard for all gold mines and some open pit gold mines are medium to high grade.
Comment by
Mickey1212 on Jun 20, 2024 4:19am
You are making the false question. The question should be if this property is hosting a,possible economic gold mine. And this is sure and with the other things what this summer will happen we shareholders will be very happy.
Comment by
PianoMan on Jun 20, 2024 8:11am
I am providing a practical aspect of gold grades and it is generally accepted as I posted. A 4 g/t underground resource may be uneconomical to mine but a 1.5 g/t open pit is often economical. Of course there are numerous other aspects in economical assessments. How Is Gold Graded In Mining? | BullionByPost