Hey Hit. Others have indeed hit high grade intersections, but... GORs main project is simply low grade, very low, but... of course it will make good money at AUD $1800.
What I really meant was, if you look at the drilling results for the last 12 months, is there any other ASX listed gold stock (mid tier - perhaps NST would come closest but event hey must be wondering if they made a mistake by not looking overseas to make acquisitions) that has had the sort of drilling results BDR has had, again and again.
Now that I finally have some time to go through the exact numbers on some of the holes. They are good, no, they are damn good, but... BDRs past results make them just look like ok, because the grades, depth, width and continuity are making everyone else blush (IMHO). I hold quite a few ASX gold stocks, and I wish to hell they were imitating BDR!
(I am going to go in reverse to the ASX announcements, as for me, the important results flow that way) - Would love to hear others thoughts on just how important the new Tab D Sul discovery is?
Tab D Sul -
From the surface basically!
GCPF8110 - 9m @ 5.87g/t to BOH
GCRC19169 - 19m @ 2.35g/t to BOH
GCRC19264 - 27m @ 12.94g/t or 24m @ 4.2g/t excluding the high grade section. This is shallow, open pittable as and mentioned, might even be mined this year!
AB1 -
F01964 - 36m @4.25g/t + 25m @3.37g/t = total 61m @3.9g/t
This is updip, the pit just keeps giving more and more.
AB2 -
F02021 - 12m @62.58g/t (the other 10m is @1.7g/t)
F02020 - 4m @35.91
F02019 - 1m @1084g/t + 5m @204.76g/t + 6m @4g/t
F02014 - 3m @52.34g/t + 21m @ 1.65g/t
So.. in the end, what did the market really get excited about, the possibility that BDR will be adding in higher grade ore towards the end of 2016, the Gold price, the now continuous proof that BDR is sitting on lots of gold that is very economic to mine??
A little jealous my other gold stocks did not go up 19% today!
