Well now that the panic sellers are out of the way, let's focus on the potential for this project, (let's not forget there are others including Mount Mackenzie which was an estimated positive cashflow of $63k - more than double the current market cap)
Now back to the announcement.. people need to understand the drilling rig has NOT gone that deep yet.
Let's compare to some of Degreys' drilling results (look at the depth)Let's get the diamond drills out, a 1.2km mineralisation..
- 39 metres at 3.2 g/t from 180 metres, including 17.6 metres at 4.6 g/t from 195.7 metres;
- 31.8 metres at 2 g/t from 180 metres;
- 23 metres at 2 g/t from 246 metres; and
- 33 metres at 1.1 g/t from 151 metres.
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- Ann: Drill Results Extend Gigante Grande Mineralisation to 1.2km
Ann: Drill Results Extend Gigante Grande Mineralisation to 1.2km, page-93
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