PGO 5.62% 8.4¢ pacgold limited

Ann: ASSAYS FOR TAILINGS RETURN GRADES UP TO 3.85 G/T AU AT TOMS, page-10

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  1. 627 Posts.
    lightbulb Created with Sketch. 4
    Yep, the Coolgardie timeline is the downer but like Alby said, we have the gold and the mine life in the North. Once we kick off we will be right even if we have to raise
    The grades are another thing that don't excite people, NST had over 6 gpt with that one mine at Paulsons, all solid cash to buy more assets to extend and secure the company.

    Fundamentals will eventually carry this but a drill hole hitting something like 5-8 gpt will send it into the 20s at a rapid rate
    I remember some poster on here a while back spruiking Coolgardie as having 1/2 oz to the ton
    If we find that, Bang,Haha
    I pinched some more today at 0.036
 
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