The remaining infill holes will be revealing as they will govern how much dip extension this high grade shoot actually has. As you say based on the positions of some of these holes we should expect (with a high degree of certainty) a few more juicy results. The juicy results should pull in a few more investors as a bit more confidence is established in the tonnage of this high grade zone. If the juicy results don’t eventualte, down she’ll go, I’d expect.
The lower grade intervals down plunge of the shoot may not bulk up into mineable grades yet but they are evidence of a well mineralised system at BOD.
They should jump on this fact and start drilling with some real conviction outside of the current resource boundaries, ie accelerate the project.....make or break. That’s what investors at this end of the market want to see. The market is getting sick of the all the poking around.
We are waiting on two holes out to the north which could also add scalps for more tonnage and open up new surfaces for resource extension. They should just bang holes down all around the current extents of the resource with some good step out holes. They only need to fluke one or two good holes and bang, it will be game on. The picture could change quickly with a strategy like this and a bit of luck. From what I can see of the gold system I don’t think we would have to rely on too much luck.
There is more gold in this system. Go and find it. Stop being so conservative, it’s getting existing shareholders nowhere. Eshmun
MGV Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
