here a comment from another blog.
If you look at this one - they have 52 meters grading about 15 g/ton - so a total of 780 gram/ton if you took a slice through that weighed a ton (52*15 = 780).
However, one meter accounted for 550 g/ ton of that, so the other 51 meters has 780 - 550 or 230 grams/ton in it - so average grades of about 4 grams per ton.
What if they happned to include one nugget - one chunk of gold - in that one meter sample that is not representative of that entire meter.
Without that one high grade meter - the results are average not exceptional - it was the hope of continued high grade mineralization that had this pumped.
I am also concerned that the data was manipulated - that management purposely released only the first 33 meters with that one high grade zone to get the stock running - which they did very effectively - but that they new results from the last 19 and ask that they be re-analyzed to buy time. Just a concern - not accusing anyone - but it seems fishy.
Disclosure - sold my holdings in EAG, BGD and AEL - will play again on the momentum.