Thanks for that reply ,much appreciated and many are arm chair geo's such as my self -but
like to learn.
I know that Mick was in the core lab until recently ( analyzing this material ) and is now back in NSW
on the ground.
The new appointment with 3 million class C performance options Ex price at 8.6 cents, announced today - and approval required - is the usual
practice with HLX - that is, pay through share issuance ( in this case options ) in stead of cash.
This continues share holder value.
I doubt this chap who as understood is a good operator with a fine track record in " monetizing "
new mines would be interested in this approach unless he was convinced of the real potential here.
This could be a goer quicker than your thoughts re 3 years or so as it seems they are looking at high grade and from surface mainly ATM?
Interesting will be the potential intersecting of high grade gold quartz assemblages in this DD round!?
Cheers
GL
HLX Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
(20min delay)