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This type of drill result should have fired market when news was...

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lash

4,189 Posts.

11

15/10/20

09:18

Post #: 48105975
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Originally posted by tomboy: ↑

GP in breakout
1902 after hitting 1912 last few hours,
way up from 1870 yesterday

Sdd 190 is already drilled & under assay now
sdd191 being drilled now, see ann,

applying a top cut is bizarre, its a real drill result.
131 g/t over 11m is massive high grade.
the highest ever received in this region.
and that 1m at 1131 g/t is a world class record

Market not expecting anything other than 40kozpa, aisc 1500, 0% chance of UG production & $0 mill value (cost us$150M to build inc debt, cash) plus a 1Moz resource all at a bargain price of $94M MC.

i dont see any expectation by market as otherwise this could bag like the other goldies NCM SLR SBM PRU SAR CHN GUY.TSX all did last 2 years.

if UG is 500koz resource & SDD under assay now does 5-10 g/t or hits more, watch out as the breakout will get bigger.

this is a large solid block 170m x 100m so far & i posted my maths it could have 8MT of feed at a 1Moz resource but
even a 20% chance of 1Moz production is a company changer.

sdd 189 is "Spectacular world class" high grade gold discovery right under the 1MTpa mill. Genius.
TRY will FLY.

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This type of drill result should have fired market when news was more wide known.
Must be real negative out there.
Lash

TRY Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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