GOA gold anomaly limited

walking away from agreement, page-4

  1. 8,604 Posts.
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    ...rhoskens,you really don't know much about what's at Crater and where it is and how deep it is...do you?
    Of the 790,000 oz.s confirmed,all of it is in the mixing zone,which is between 200m and 400m deep from memory.That resource does not include the artisanal zone or any of the deeper holes....the 1000m holes were intended to find the porphyry zone,of which they are getting closer.
    Also,the mixing zone can be virtually doubled in size with further drilling,so we are probably looking at close to 2mill oz's already.
    We don't have any money to drill Crater,that's what the deal was about...LG did not pull out for any reason other than cash shortage....
    I believe goa's thinking was desperation,because they are so close to the mother lode.
 
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