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Ann: Bonanza Gold Grades from Southwark Deposit, page-47

  1. 242 Posts.
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    This is all great news also remember that the deposit is right next door to other mines in production and we must at this point must have 250k oz in gold if we do not get to the magical 600k oz in reserves this must be saleable to a neighbour . But given the amount so far we must hit 400k to 500k oz min . Which makes this worth way more than the $10m maeket cap at this time. It had a $30m market cap at one stage without this Bonanza of a find which by simple maths must put a $50m market cap . When more gold is found cha ching cha ching cha ching .
 
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