FYI - Crucial Points From the NY Conference
posted on
May 27, 2008 10:56PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
I just watched the NY conference again to see what was said and it really re-assured me that these guys have a solid game plan and are working their asses off to pull this all together.
BTW in case any of you missed this or it hadn't been mentioned. The Golden Gate is located several km's from the Golden Mile and was found almost solely using the data from the airborne survey. (that tells us their current geological model/theory is pretty much spot on).
The relevance of this is that the Golden Gate appears to be roughly 4x the size of the current golden mile on the survey (+20km long). I remember them saying the Golden Gate was around 11m wide before they had to stop stripping it due to winter snowfall. Now if the geology stays consistent to what they're expecting we're going to be in for quite the treat over the next few months.
Can you imagine how much gold a vein would have if it was conservatively 10km long and 11m wide? The numbers are mind blowing!!
Not to mention these other points I managed to write down during the presentation (slightly paraphrased but still accurate I believe):
Along the lines of sharing as much info with the public I would assume they have updated their golden mile diagram with most of the current drill holes. I'm sure they are putting together a lot more information as well because this NR has been a long time coming and "should" contain a LOT of information.
P.S - Here is a link to the NY Conference video for those of you that haven't seen it for whatevr reason. I highly recommend it!
http://www.kodiakexp.com/_resources/...
Cheers.
Gamblor.