Ann: High Grade Depth Extensions and Visible Gold at Falcon, page-616

I have a hunch they are expecting 12Moz's for Hemi Central alone & this target is set for June! This is not an upramp post as all the info is & has been available for a long period of time now as they drill out the 5 zones for the MRE. The bonus structure has been clearly defined for 12Moz's & most surely would've noted that by now who have been following the threads on HC. I'd be extremely surprised if we only hit 6Moz's for this Jorc.

Something to consider. Once the Jorc is out & the big guys run over the metrics of the Resource. They'd be well aware that the drilling would've been ongoing for many weeks & then into the next quarter so, we'd be looking @ a Jorc upgrade probably by EOY to see the footprint grow. Then, you have the other prospects being drilled, as mentioned over & over on these threads. Exploration is always 'forward thinking' so, if we get 6Moz's initially then, why not 12Moz's 6 or so months later?

Without a Mining Plan. Plant build in progress. We look forward to continuous drilling campaigns to provide the bigger picture here. No one knows when they aim to either slow down or call the campaigns off & concentrate a little on Plant Capex (Hemi Central only) with appropriate Met reports etc so it can all be put together for necessary evaluation from independent bodies (AFR will have theirs out leaked lol).

The thing that is mental. Really mental @ present is this stagnating sp, even after accounting for the known pull away from Gold & Gold stocks across the market whether Producers or Specs. You have the blatant stomping of Bitcoins rally (a small but significant % from gold & even with gold purchases) as the Millennial experts buy the hype. Imagine holding that bag when it collapse. Won't ever happen though, of course Silver is seeing the real potential to double soon. So, apart from overpriced real estate. The Equities market is in overbought hype territory that they deny the bubbles all over.

I'll remain in this ancient relic for a time yet. At least this year & see how it all pans out. The Govs will bring in their own crypto so, that'll be interesting alongside Bitcoin & some of the other blockchains. What will Govs do with gold though? Pin their digital currency to it somehow? Have it backing a certain %? Avoid it altogether? Doubt they can really do that on a global alliance of nations. They never learned the folly from the Euro's damaging effect to sovereign wealth protection, that is so evident nowadays as euro countries can't print their own way out of trouble as they are all in the Euro$ cauldron from hell.

No, I'll continue to ride the Hemi Express to wealth & if we see a bidding war soon well, so be it! Bring it on & let's hope 1 big player doesn't control that side of things when it occurs, Not if imho but, when.. For those contemplating this thing just being endlessly drilled for the next 5 years well, good luck with that scenario. Just don't be surprised when the cards are thrown on the table by some Tsunami bigshot Miner OS. Hypothetically, $3B cheque for a 'forward looking' post Hemi MRE Resource of 10Moz's with a Reserve of 5Moz's @ say 2.5g/t for an initial 6Moz MRE so, keeping with 2-2.5g/t? $3B too cheap? Too expensive?..