Ann: Extensional hits of up to 37g/t Au under Bombora, page-220

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Just4kicks

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07/12/21

13:05

Post #: 58128500
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Originally posted by timjames109: ↑

MZZ has Ian Murray that Discovered, Developed & Brought GOR's Gruyere Into Production does that mean that he will do the same at MZZ?

Using Personnel as a pump is a weak sell. Markets often discount this. Means Very little. Markets wants to see actual real progress.

The only anns we are seeing are "Thin circa 2m high grade extensions 400m - 500m + deep". Problem with these intercepts is that they mean very little to the market. They are so deep and so far down the line in a production schedule that it cannot reasonably be bankable.

So the plan is for more dillutive drilling? How many more meters? another 100,000m? aiming to take the total to 400,000m? or maybe 500,000m? Why stop at that? why not double the existing 300,000m and aim for 600,000m?

How more more money will be sunk? another $20Mil? $30Mil? $40Mil?

It's ok for Tom, Alastair & New Company Secretary who are all on $200K-$350K Salaries. They don't mind.

All well and good to want to grow the resource, but where is the line in the sand? what we we aiming for? DEG set a target of 5Moz in the early days. What is our target?

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I attribute GOR discovety to Ziggy and Russel. BRB discovery cost per oz is low. Keep stacking oz's and when gold price is up they'll hit the trigger. Why give gold away at this price as I'm happy to stack in the cheap dirt vault. Plenty of producers out there to choose from as I mentioned.

BRB Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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