Hi @eastwest101, yes, I fully agree that it is not beyond open cut capability, but the economics of such thin hits must surely become doubtful at that depth, unless they can follow up with far more impressive hits in other locations or perhaps deeper.
We all know, at least I hope we all know, that 'grade' is not necessarily the be all and end all.
Still a lot of drilling to come, and money to be spent, unfortunately.
As I said, I don't think this news will do much for the SP, or to change the bid price.
Cheers
Cabe
Ann: 134g/t Au Highest Grade to Date at Hercules, page-8
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