Re: A little help please
in response to
by
posted on
Jun 18, 2010 03:27PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Here is my two cents.
We know GNH is giong to have a ton of material... an absolute boat load or belt load.
We know GNH will not have to build roads and bridges to get the resource out - makes marketing this deposit to majors much easier when they don't have to worry about where the $1B is coming frmo to get to the deposit.
What we don't know is the grade. History could repeat itself, the stock could spike up and then come crashing back down. But that is not the story the geo chems are telling. We are hitting VG which will represent at least 80-100 g/ton. But we are all worried the assays will come out low. I think the most exciting part is that all we need is to repeat the results we have already obtained of 2 g/ton for us to take off.