posted on
Aug 14, 2010 09:42AM
The last 8 holes in a row have been incredible to say the least! We have added hundreds of thousands of ounces to our estimate one poster figured over a million already and he was usuing conservative calculations. Nov.2 of this year warrants can be exercised for a total of 14 million more in cash! It costs us about 3 million for 10000 meters so we have plenty of cash for more drilling and by next spring we may have a 5 million ounce deposit on our hands given the current rate of hits and depth of the said hits! Now combine that with the fact the CEO stated they are becoming familiar enough with the geology that they are going to do larger step outs so let's say we extend this thing another 300 to 400 for say around 700 meters in length down length 300 meters plus with over 100 meters width plus at the bottom now tell everyone its still open along strike. This is what I see happening its already half way there what I don't get is the masses don't see this when I compare this to most gold companies out there the fact is none compare now take into account Idaho has one of the highest rates of bankrupcies in the US and need jobs that this new or even better than the Carlin trend could bring yep I don't get it I hope others will!