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Viable Resource Grade & Size, page-4

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shimmer

14,954 Posts.

696

07/07/16

12:43

Post #: 18214986
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Originally posted by srb123 ↑

Ok so obviously we don't require grades as good as those presented in the last announcement to have a viable mine that Rangold would want to buy and it would be silly to expect such great results every time they drill. My only concern, however is that people start thinking that those grades are the norm and get disappointed when we get lesser grades that are still great and start some stupid mass sell-off. To try and alleviate some of this, what sort of average grade and resource size do some of you gold bulls think we need to shore up to have Rangold want our little pile of yellow dirt ? Maybe this could be a nice discussion while we await the next round of results.

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My mate attended London conference he told me Randgold are desperate for shallow grade feed..Just need to prove up more of a shallow grade resource and we have 4km of strike from the old Belgian workings...

ANL Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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