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11:29
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Originally posted by MBG:
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Fair comments Bruised Custard. I have been frustrated by the market to yet fully appreciate what NVA is offering and the very impressive advances they have made, as well as the verrrry significant potential this company has. I bought in just under 18 months ago, at that point they had just a 2.5 million oz resource. In less than 18 months they have nearly quadrupled this, of which 3 million oz is now in indicated. Their discovery costs per oz are exceptionally low. There is still a further 8,000 metres of drill results from Korbel to come back from the labs (my estimate is that this is roughly another 25 holes). And they have not yet found the limits of Korbel! As the drill rigs run around the clock this very substantial 8.1 million oz deposit at Korbel has the potential to be expanded significantly in the coming year.
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hi MBG
(20min delay)