Post by
stockzorg on Oct 04, 2022 4:58pm
5/5
All five of the drill holes reported today hit the 300 Horizon, and all had Au values above the average for Goldstorm. Hole GS-22-154 shows 180m at 1.97g/t Au only (not AuEq). This is money. Hole GS-22-145-W1 showed 66m at 1.86 g/t Au within a larger width of 309m at .83g/t. As noted in the release, these two holes are about 400m apart. They are in an area of very consistent mineralization. This is one more possible set of connected higher grade gold corridors.
The stock price will take care of itself when it's time to stop accumulating and start appreciating. The big guns will make that determination and it will possibly coincide with Seabridge stock moving up to a more appropriate value to reflect the huge gold deposits there (I agree with our old friend CG).
For now, I also agree with KK - just keep heads down and drilling to the north side of Goldstorm until the higher grades are all found.
Comment by
Paray99 on Oct 04, 2022 9:17pm
strongly agree. Seabridge, Newcrest, Tudor, Eskay, Goliath, all are drilling more and more. Interestingly, all of them are hitting gold and yet the market is not that favourable at the moment. We need to see some more upside with producers and then these zero cash flow ones will make their leap.... and it will be huge then. We just have to hold on to the good ones.