huge 46 per cent gold resource upgrade .., page-3

I was fortunate enough to buy some PRU during the OP sell-off. A Canadian broking firm after visiting Ayanfuri said the deposit had the potential of being world-class and that the share price was undervalued by a factor of two (source: online HighGrade report in either March or April). Well, that was good enough for me so I dived in! It bodes well for a future TSX listing too.

Looking more closely at PRU since then however, is anyone concerned about the apparently low overall grade of 1.5 g/t and low grade cut-offs of 0.8 and 0.4 g/t used in the calculations? Or are these values normal for open pit mines in Ghana?

And how much bigger can the current 3.9m oz resource at Ayanfuri get? With recent discoveries yet to be included and heaps more drilling to come, what numbers are possible? It seems incongruous to me that they aim to complete the DFS by November when there appears to be a lot more upside in terms of future resource definition.