Post by
GTN85Y on Jul 25, 2024 12:16pm
Going forward...
The wedges will be the catalyst this fall and into next year. GP needs the support. By the looks of it, so long as the shear doesnt take a 90 degree drop, stretching out with wedges will be able to quickly tell us where to start digging. Gold is there and its everywhere. The price for this exploration is really not that expensive comparably. A stubborn market for the Junior mining companies continues. With US elections happening this Q4, there is bound to be some new sentiment in this sector. Drill result updates on a more frequenet basis would be ideal to get YGT name out there during this period. Support at 0.075 since end of may and eric sprott is currently up around 25% on his buy-in.
Comment by
CaseProdemo on Jul 26, 2024 7:36am
The reason 55 hit is that it was drilled at a much greater angle. It could only miss if the shear was not there at all. 56 is easy to get a miss if the shear dips down just a few degrees more then anticipates. It is still there and the wedges are close at the bottom. That is what I am exited about
Comment by
Tuckerthefox on Jul 26, 2024 9:51am
Not to mention drill samples have shown mineralization similar to those just before hitting the CS. We are very close to it if that's the case. TTF
Comment by
red on Jul 27, 2024 8:26am
True .... if we are parallel to the downward dip of the c shear he may have several hundred meters of indicators, will be interesting for sure when he reveals the details.