I never said that 0.3m @ 1715g/t is the same as 4.4m @ 118g/t, I said that 4.4m @ 118g/t is the equivalent of 44m @ 11.8g/t, I was told by a geologist in the gold industry that a high grade intersection can be broken down by multiplying the width by 10 and dividing the grade by 10, maybe I misinterpreted what I was told, but I am pretty sure that is what I was told. My reference to the 0.3m @ 1715g/t was just basic mathematics 1oz=28.3495g.
Yes the junior gold sector has been very disappointing to say the least, while the major players in the sector have had some attention, it’s like the juniors are still stuck in the starting gates. Maybe we would be better off going and finding a few rock chip samples that contain a trace of lithium, or digging a hole in some clay and coming up with some iconic Ree,s.
KAU Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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