GSR 0.00% 1.1¢ greenstone resources limited

not there yet

  1. 1,187 Posts.
    Markcies et al,
    Spoke to the MD today.
    They have not drilled near the high grade hit yet, let alone waiting for results from some supposed drilling nearby. They are hoping to drill there quite soon, but have had problems with the drilling company/ christmas new year break. They are currently working with one u/g rig, previously had two. So, I don't know where these rumours were from that they had visible gold - it wasn't near the high grade stuff, that's for sure.

    On the more positive side:
    * there are hundreds of assays in the labs which they are waiting on from other holes
    * there will be a resource estimation soon, I think he said in March?
    * in general they are progressing very well, and there should be good returns for those in for the medium term.
    * they will be drilling heaps of holes near that high grade stuff, fanning out from 25m, 50m, 100m, they will 'corall it' and find out exactly what its doing. And if you've read the man's bio on BAR's website, you'll see that he'll know exactly how to do that.

    I hope this helps,
    pennynut.
 
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