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Ann: Gimlet Drilling Intersects 4m at 393 g/t, page-79

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  1. 1,256 Posts.
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    Traders may have expected more, I'm satisfied with these results. On a first glance they look even slightly better in comparison to IRC/Teal.

    Good to see that widths and grades are getting better in the north where the strike is open.

    IRC shows: They way to near term Cash-Flow in this mining area is fast an cheap. It would not surprise me if only with these first results a nice small open pit operation earning a Cash Flow 2-3 multiples of current marketcap is possible.

    Further de-risked now imo.
 
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