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Well the news from Novo does not seem to have excited the market...

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w27

2,701 Posts.

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23/08/19

10:21

Post #: 40113827
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Originally posted by asculpeous: ↑

It's too early to start thinking about the total size of the resource,particularly as we don't know the fine gold,but I like the sound of "fine gold haloes"
Anyway things are staking up well.
Shallow overburden
Easy recovery ? mostly mechanical
Huge area

Many unknowns still
-sampling errors? Unlike classical placer gold, this conglomerate gold looks as if it is distributed throughout the gravel as it is mixed in with transported Mt Roe basalt gravel
-thickness of gravelsrobably some cherry picking,but if the ground radar is proven accurate,then a thickness map should be able to be produced So surface area x thickness x grams /m3 starts to give some largish numbers!

Come you clever clogs out there......Anyone one prepared to put a figure on it?

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Well the news from Novo does not seem to have excited the market overly. i would have expected this news to have caused much more excitement!

PIO Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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Well the news from Novo does not seem to have excited the market...

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