I was a little underwhelmed by today's announcement, until I read Fitroy's post... and so read it again. The devil is in the detail, how did I gloss over so quickly and miss this? Specifically....
Correct me if I am wrong, but Chatree hasn't ever produced anything greater than 1.6 grams per tonne has it? And contained in the quarterly report is not the devil in the detail but the (Love)God in the detail...7 "Chatrees", each of which being between 6 and 31 times more valuable (on a g/t basis) than Chatree! We all expected some good news but for it to be sensitively worded. This is better than good news, we aren't sitting on a gold mine, we are sitting on eight gold mines, Chatree containing gold in the lowest concentration! "Visible Gold", (so you can just walk along and pick the stuff up off the ground)! @JJJCaesar, ever the glass half empty, could you please extrapolate the profit potential for a mine generating 31 times the output as Chatree (costs for extrapolation purposes remain constant).... RSK must be chuckling to himself how we all (bar Fitzroy) missed this...
Read things carefully...
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