Morning all.
@StevieP7 nice read on the updates from Mulga Bill.
I did some reading over the weekend and wondered about other HG deposits which led me to Bellevue Gold.
The amazing story of it being used to get rid of the water when de watering another mine.
What really captured my attention was the discovery holes.
They were 100m apart and that really got the markets attention which was clearly displayed in the share price at that time.
This was a 2.5c stock in 2017 and by 2020 had reached a high of $1.48
We haven't seen a lot of results from Mulga Bill yet but let's look at a comparison.
This is from the ann on Sept 2 last year upon the return of those RC results.
imho it is important to note the grade and the depth of that intersection.
Very similar to BGL above.
Now we move ahead to the ann in Feb this year.
Another great AC intersection with good grades and 100m south of the historical hole drilled by Doray.
100m apart is the measurement that stuck in my head because of the excitement upon the bgl intersections.
In the first few minutes of this vid, you will get an explanation of the distance across the intersection so far.
1.4km
Hello, 1.4km.
Back to the bgl excitement.
Well, if I had to ask the question of what we think is next for the gbr story, looking at the chart makes it a little easier.
Keep in mind, they will do a CR soon but things could be looking up soon once that is bedded down.
Kind regards, Wack.
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