Re: Thank-you Mr. Briggs
in response to
by
posted on
Feb 13, 2012 05:31PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
GoldFever3,
Since the PFS, 2011 drill results at Ormsby have been encouraging, For example,
12.0 metres (m) grading 1.46 grams of gold per tonne (gpt) including 2.3 m grading 5.37 gpt in NDM573, and 14.0 m grading 1.27 including 2.0 m grading 4.56 gpt in NDM574, and 9.0 m grading 2.54 gpt including 4.0 m grading 5.11 gpt in NDM575. In addition, two narrow highgrade intervals were encountered, 0.5 m grading 54.73 in NDM575 and 0.8 m grading 62.58 in NDM579, 41.0 m of 2.66 gpt gold including 8.2 m of 12.46 gpt gold in NDM565, 3.0 m of 3.72 got in NDM562 and 6.3 m of 1.87 gpt gold including 4.3 m of 2.40 gpt gold in NDM 563.
Add those to the 200,000 M&I ounces not included in PFS, and Briggs may be on to something when suggesting the YGP's first productive seven years will be coming out of an open pit at Ormsby.
Again we agree. Darn the low cash, and darn the low share price. And, because of this, the 600 pound gorilla in the room that we all are very much aware of, is, WILL BLACK SELL? And if so, at what price?
On the other hand, you have to wonder if the men in black who are relentlessly buying Tyhee, figure on the share price eventually rising once they get close to owning most of the Company.