If the story is that this is to be mined underground, I think you might want intercepts of a heck of a lot better than 2g/t. Some 10g/t or more, over significantly more than 10m length, is pretty much the minimum to get me excited.

twilight,

please re-read my post !

I stated that 50m @ 2gpt would be excellent and 200m @ 2gpt even exceptional.

Some intercepts with 20m @ 20 gpt would certainly help.

We know, that drilling WILL underestimate the grade (nugget effect), so what a bulk tonnage deposit needs is maximum length of mineable grade.

As we discussed earlier, 2gpt is certainly a mineable grade and if GNH can show, that we have an average grade of that throughout the deposit, even at greater depths, than this will allow Mr. Tilsley to verify his 100Mt scenario more easily.

So I think, you´re wrong and will be disappointed, expecting a lot of high-grade results.

I would rather go for a lot of large (> 100m) intercepts of 2gpt.

And if you look at bulk mining deposits in the industry, that´s exactly what they show in order to get a high market cap: large and consistent intercepts with not so high, but mineable (> 0.6 gpt) grades to confirm tonnage and therefore ounces.

If we can prove even higher grades (than 2gpt) over large intervalls, our share price will appreciate even quicker. But that´s NOT what I expect !

FANTOMAS