For starters, you shouldn’t worry about this company since you don’t own any stock. When you read the report in a propers manner, you should notice:
“Encouragingly, visible gold was observed at three (3) intervals in BCRD484 in strongly altered syenite with abundant quartz carbonate veins at: 268.5m, 302.8m, and 318.3m (Table 1). Visible gold grains up to a maximum of 3mm in diameter are observed in narrow veins up to 50mm thick of blocky quartz with carbonate and chlorite”
Note: With respect to any visible gold or visual indications observed in drill holes, it must be cautioned that visual observation and estimates are non-quantitative in nature and should not be taken as a substitute for appropriate laboratory analysis. Laboratory analysis results will be provided for BCRD484 when they are received and interpreted
Then the lab results were published:
“Anticlinal hinge zone intersections confirm large, robust intervals including:
§BCRD483 – 57m @ 1.6g/t Au from 223mIncluding 18m @ 3.1g/t Au from 234m
§ BCRD484 – 32m @ 1.4g/t Au from 266mIncluding 4m @ 6.0g/t Au from 266m”
At anyone time Dr Tunks was talking about bonanza grades as you put it, your arguments are weak and baseless.
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