@Funkeeh you are just repeating the same nonsense to try to cover the drubbing you took last go around for claiming that BGD's resources are 'not continuous' or 'not economic' or 'could be economic' while pumping a so-far-amounts-to-nothing-5-year-long-goose-chase at MEU's Aurora Tank project.
There are numerous groups operating 1 g/t Au assets across Australia at sub- A$1,500 / oz cost and making a fortune. That much is clear.
BGD expanded the mineralised strike of the Tunkillia Project by 60% last year - that means a 1.5km
mineralisation extension on top of the 2.5km long 223 Deposit. That 223 Deposit holds 965,000 ounces. The spacing of the new mineralisation is
the same as the inferred resources spacing in the 223 Deposit, which was modeled to JORC in a Reasonable Prospects open pit shell.
That means the new mineralisation is
continuous, and it may very well be economic. And that may be even larger and more economic as scale grows. It's all about scale and continuity, and you clearly have no understanding of mineral economics, or efficiencies of scale.
So to walk around claiming it is uneconomic is to prove you either can't / don't read, or you simply don't know what you are talking about, or you are just spewing falsehoods to try to knock down BGD so you can continue to prop up the busted 'Aurora Tank is gonna be huge' story over at Marmota.
You don't know what you are talking about and the clear facts in the market demonstrate that. Just another of the great unread / uninformed / unintelligible hack jobs spewing garbage. God forbid anyone at MEU is talking to you, much less taking your advice on anything.
Here's a prediction: BGD continues adding new gold zones, while MEU keeps drilling to eternity inside AT before eventually declaring a JORC Resource which is a small fraction of the 'millions of ounces' they have clearly been leading their investors to expect.
While BGD extended its new gold zones, MEU has done - exactly nothing. Just infill drilling which for some reason it won't disclose the results of.
That's a long-BGD / short-MEU pairs trade you can hang your hat on. If only you could short MEU!
(20min delay)