People are crazy to be selling now when the next update is real close. It's been a month since the last update so we should be due for another one soon and the weight of evidence will grow again.
Those recent drillhole results are very telling for non-geologists although the results just reinforced what I've known for a long time.
If the grade for hole 4 is an avg of the holes either side (3 and 5) it should go about 1oz even though we’re still using partial extraction methods.
If you use that avg grade for the 300m strike length define by the 3 holes and add a 50m buffer around the 3 holes, 400m x 100m x 40m (approx. avg. fresh rock thickness) x 3.2 (density) at an avg. grade of 1oz, that again gives us 5Moz!
We’re still waiting on the results from the adjacent holes and the rest of the drill samples which will add many, many more ounces.
BBX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
