Fair enough... more drilling will = more oz.
I don't know what CHZ's costs are in Turkey but I know that in Tassie hard rock drilling costs about $180 per meter.
In Ecuador similar work comes in around $100+ per meter.
Thus, 25,000m drilling for CHZ may cost between $2.5 - $4.5m.
What is CHZ's cash positon?
As of the latest Quarterly it was sitting at $4.8m.
Like Loki I will leave this one alone for now.
Cheers
John
glitter could return soon to chesser's gold, page-22
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