announcment, page-55

I had to sell this afternoon as I just don't understand the scale of this potential find anymore, hence all the confusing posts of mine.

I don't know which way it's running precisely, but if I assume it's running 90 degrees to the strike direction, I'd speculate that the 15m hits might be the width of the corridores running the other way?

The question then is, how many corridors are there and how deep do they go? Is there something bigger feeding it?

If 8 holes came back positive I'm guessing there might be about 8 x 15m x whatever the new strike lenth is which looks to be only established at about 600m for the carbonate zone.

It's potentialy turned from a hoped for 20M ounces (was a bit pie the sky) to perhaps about 2M ounces gold eq. based on what we know and some big assumptions from me.

But they've only just started trying to find the scale of this thing and it could grow much quicker.

How much would the market re-rate a $20m market cap company for a growing near surface 2M ounce high grade silver discovery in this gold and silver environment?

I don't know and it seems a bit of a risk of capital finding out.

It also bothers me a bit that there was no cross sections in the recent announcement and no word on where the other 7 holes are that ARE potentially mineralised.

And that leads me to another point. They THINK those holes will have high grade silver, but do they know for sure based on the presence of copper and tungsten?

Too many questions, I think I'm going to sit back and watch and learn.