Post by
highper on Sep 27, 2022 12:08pm
5477.4 grams silver = 176 troy ozs of silver
Optimum Ventures Samples 2.3 g/t Au and 5477.4 g/t Ag on the Golden Summit Zone and 26.6 g/t Au and 1003.2 g/t Ag on the BR Zone on the Harry Property
Amount : 5477.4 grams (g) of silver
Equals: 176.10 troy ounces (oz t) in silver
Comment by
Fabe on Sep 27, 2022 12:49pm
But to me and much more meaningful was the results of 2 x 25m long drill holes... Imagine if mineralization extend another 75m for a total 100m straight from surface. Imagine...
Comment by
highper on Sep 27, 2022 2:18pm
Optimum sure could have helped themselves if they announced whether their drill[s?] were finally turning.... a drill plan perhaps.... a better map than that IP map. Their expectations for the continuance of their exploration campaign as the weather closes in on them... how many drills if more than one might they be thinking of deploying if they hadn't deployed them already...
Comment by
Fabe on Sep 27, 2022 3:40pm
Lol, yes should have paid a bit more attention.
Comment by
highper on Sep 27, 2022 4:48pm
I've been tempted to give optimum a call and ask if they have started drilling yet. They said it would take two weeks in their IP report press release.... Maybe they had to round up a drill rig or two. I know big ed owns one... but it is so stupid to ask the obvious question when optimum just released a press release that should have contained such information...
Comment by
fordster on Sep 28, 2022 10:11am
I'm reading the COT is so overly bearish on silver that it's poised to whiplash up...personally I've given up on trying to figure out POG/POS...though I can sell a St Gaudin for 50$ over spot....yes Zorg interesting.
Comment by
flashcash on Sep 28, 2022 10:13am
I just bought more physical silver just in case, had to pay a 15% premium !
Comment by
fordster on Sep 28, 2022 12:02pm
Common sense dictates there's a huge detachment between paper verses physical PMs...I view that as a sign that there will be a day of reckoning....God knows when...GATA has been making their claims for decades. I suppose it will take a catastrophic financial event as multiples of people scramble for their paper PMs.