Looks like they lowballed the hell out of it with non optimal drill position as they have previously stated. I still think we will pull around 40 000 ounces out of stage one UG. Drill traces show what maybe a potential faulted offset on our side too. Not sure why the diagram is mirrored unless this shows the panels best. I am sure as part of the capital preservation strategy that our drilling was minimal and they will leave WGX to lead some further drilling to be able to make inferences about deeper levels and what may or may not exist.
All in all another step in the right direction. Lake Consols drill chips will be filling sample trays and drill pads not far off at Cowarna. Still a bit of a free hit imo.
GLTAH.
SAU Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
