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12:59
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Originally posted by ampl
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I find that deal fascinating, no doubt they will try and buy GRV out or conversely will be funded to go explore Gold Basin from the Canadian market. I believe the problem GRV had was that they or there partners had no money for further work on Gold Valley, with GRV thinking they could raise some and dilute the other interests down through further exploration in the coming summer season in USA. The results so far have not been to shabby in my view, 300,000 ozs at a low grade of 0.5 grms per ton which does not matter for heap leach, easy release ore! Only shallow drilling so far. I would like to think that Leo, Gun Capital, is finally being forced to make a long overdue move. I am sure he wanted to get more of this play! He has made a fortune out of little stocks before and I expect he will again! The market cap of GRV is around $1.5 million and very tightly held so anything could happen. Bing it on Leo
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