G1A 0.00% 5.9¢ galena mining limited

right, other than being mistaken for someone Viva knows I am...

  1. 1,752 Posts.
    lightbulb Created with Sketch. 48
    right, other than being mistaken for someone Viva knows I am also a this announcement is really exciting

    this new Au/Cu mineralisation is significant....the declines to mine the main orebody make this mineralisation easy to access and from a Capex persepctive negligable. yo could push it on to open actually.

    If they can string a few more (broad spaced) hits of these width and grade intersections together then we may just have a gold mine on out hands.

    both can be mined and both can be processed but the Au/Cu might be on a different circuit of they could blend and put in an Au recovery circuit as well but someone else may be more enlightened on that.

    I have a feeling a substantial Au resource lies on the other side of that fold...these first drill holes into this new structure may just prove me right!

    remember, this was a virgin discovery and not expected as far as I can tell.

    this is all just such a bonus considering the NPV10 at spot is circa $700m and we have a mkt cap of $70m.....10% of NPV....should be 50%.

    If we get some more Au then the corporate interest in this company will go from high to extreme off the needle.

    exciting times folks.

    PS Viva....im not called Bluey mate....
 
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