62 and 67 are fantastic! They have again proven that the high grade central zone is mineralized from surface to depth. No doubt that we will archieve an average grade of >1g/t for this central pit area. This is where we're gonna mine first and will be in our FS, strip ratio would be excellent too!
Look like South is the way to go, 76 has shown that Ternera North and Northwest although could be economical and will add to the overal tonnage. They should not be prioritized or included in the initial MRE and FS in my opinion.
To be honest, I expected higher grades in 72 & 78 because they are targeting NS faults and previous holes got fantastic grades. @123david321 would you please plot 72, 78 and give your opinion? I believe the NS high grade fault is still running there and we just need to angle the drill a bit to find better grades and thicker intercepts? There is a huge space between 72 and 78, I think the company will put a lot more holes there to understand just oumore about the orientation of NS fault.
I was surprised to see the selling pressure today. I thought market would react differently, knowing that our insider just purchased $2 Mil worth of shares on market. In February last year, when the SP was being pushed down to 1.7c from an IPO SP o 3c, an insider bought $12k worth of shares at 2.4c. 1 week later SP shot to 5.2c. Now insider bought $2 Mil worth of shares at 27c and people are selling TSO like no tomorrow) I will surely add more if it drops below 27c.
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