Well said, what I want to see is infill drilling in the real crappy sub 1.5 g/t end of this resource so we have a level playing field. The hits so far appear to be above the average. If this resource is to be taken to indicated and then measured (god forbid if we ever get to reserves) by infill drilling right accross the paddock. Sooner or later we are going to get the really crappy numbers returning.
Resource upgrade? From where? We are just playing around the edges of the high grade end of this resource. Go do some infill drilling in the real lousy end of the paddock and see what the market does.
You can't mine 1.7 g/t dirt except on a really large scale and make a profit. The exception is of course is if you have gold rocketing to the heavens and manages to stay up there for a very long time. I would imagine $US1,000+ might fix this company's grade problem.
KAL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
