Can I offer a counter view? At this stage the resource is low grade and small at 26kOz @ 2.1g/t Au. With the overburden it almost looks like an UG postion. So just take into account the >6g/t Au and the ounces would be a little less. They need to build this thing up. Drill some holes 200m along strike on either side with the potential to add some significant ounces. As long as they have ~40m spaced holes they should be able wrap a inferred resource around it - if its continuous. If thats too risky just drill a single hole 200-400m along strike like Mutiny did a few years ago. If they hit something it opens it all up and the speculation can begin.
Just my two cents.
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Can I offer a counter view? At this stage the resource is low...
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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