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re: Ann: Drilling Continues to Deliver Thick ... Forget about...

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  1. Hussy
    1,663 Posts.
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    27/09/12
    18:12
    Post #: 10781914
    re: Ann: Drilling Continues to Deliver Thick ... Forget about the drilling that's going to start in October 2012 ... here is something simple.

    PIR's initial MRE of 3.14moz @ 2.4g/t was obtained through ~25,000m worth of drilling.

    To date we have drilled ~58,000m.

    So we have ~33,000m of drilling assay results pending.

    If ~25,000m worth = 3.14moz @ 2.4g/t ... how much is an extra ~33,000m worth?

    Makes cents?
    PIR Price at posting: $1.69 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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