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Ann: $10M raising for multi-rig drilling and to extinguish debt, page-142

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mickvp25

4,333 Posts.

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16/09/20

19:35

Post #: 47397559
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Originally posted by CuMan: ↑

High grade gold? Yes, wait for Miraflores drilling in October!

I see a few of you here are looking for some high grade gold hits.
These will come when LCL start drilling Miraflores in October.
In my opinion Miraflores drilling will trigger another re-rating of the share price.
Look at some of the old drill results from Miraflores:

23.95m @ 4.67g/t Au from 282.55m in QM-DH-03
6.0m @ 11.04 g/t Au from 343.1m within 194.9m @ 1.57g/t from 159.4m in QM-DH-32A
10.6m @ 11.97g/t Au from 233m within 114.7m @ 1.89g/t from 185.9m in QM-DH-33
60.0m @ 5.48 g/t Au from 225m within 161.15m @ 3.23g/t Au from 183m in QM-DH-34
59.2m @ 5.72 g/t Au from 182.8m within 238.15m @ 2.06g/t Au from 146m in QM-DH-50

Good things come to those who wait....
I know this is really hard for the day traders to understand! Lol

Expand

Certainly looks like more to come

LCL Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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