I was actually watching that 'Refractory Bob' video, and I agree that money can be made from refractory gold deposits - given enough grade, width, volume, mining costs, treatment options, skilled personnel and good management. The history of refractory gold in WA is that smaller under-capitalized companies have attempted it in the past, and made a mess of it for numerous reasons.
What I was saying is that I think its a bit of a broader market perception thats at play here, and the fact that sentiment for all gold explorers and developers is in the toilet at the moment, despite the pretty decent AUD price of gold.
Still haven't had anyone else look at this announcement and wonder where the deep main lode mineralisation for hole RXDD096 went on that cross section though. Surely this is something that the company would normally be singing from the rooftops about, so I'm still puzzled why its not in the announcement cross section.
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I was actually watching that 'Refractory Bob' video, and I agree...
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