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23/10/20
09:13
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Originally posted by Crom Valen:
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Not sure where the uncertainty is but the downrampers are curently having a field day. Have seen a resource update delayed at IRC (now HRZ), also at BRB - happened at least twice there - and the second time holders were advised 2 weeks out from expected delivery that the resource update was nicely on track for by the end of the month.....then the end of the month came and went with no word from the company. Seen it with other companies as well. Advising about delays in advance is certainly preferrable to never being advised at all. We can gibber about the number of oz's to be added, but the key thing this go-round is going to be the eye-popping grade. Starlight and White Light are going to be very high grade deposits. Then we have the current exploration underway & we are already hitting high grades and so far looking at proving up a couple of new lodes. And with a lot more drilling results to come. Then we have the EVN JV which - reading between the lines - is looking very good. Fingers crossed on this one. Then we have wording around 'development options' which has been parsed over and dissected trying to divine 'true meaning' out of what has been stated. Making a meal out of it I should say, a lot of fretting and angst simply because the company is now mentioning development options. How does a good thing get turned around and painted as something new to worry about? The reality is we are still well and truly in the phase of exploring the project area and adding more high grade oz's. Seems to me that outside commentators see the upside a lot more clearly than those holders who spend all day every day hawkishly watching the SP and fretting over it's direction and movements.
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you forgot to mention near surface as well starting from 4m to 250m ill think we’ll add around 450oz- 650oz at 10gt on what I’ve been reading, and researching. any GEOS would like to take a stab at the resource?