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05/05/16
13:01
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Originally posted by doodledog
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This deposit has a history of spectacular high readings;
• 6 metres at 53.77g/t gold from 36 metres, including 2 metres at 153.50g/t gold
• 3 metres at 110.30g/t gold from 120 metres, including 1 metre at 280.00g/t gold
• 28 metres at 3.90g/t gold from 88 metres, including and 9 metres at 8.36g/t gold
• 21 metres at 2.00g/t gold from 45 metres, including 2 metres at 7.63g/t gold
• 29 metres at 10.42g/t gold from 109 metres, including 11 metres at 23.23g/t gold
3 metres at 79.57g/ t gold from 133 metres.
With assay results due now in early May, they may have even better results
than these readings and called the TH. The announcement of most of the
above results was via TH on the 18th January.
or
Somebody watching the POG steadily increasing has decided to get in and
make a bid before some other company sees the results and realises we
are planning the open cut with great grades.
Either way, its got me pumping thinking what might go down here.
Any other theories guys?
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DDDog
March quarterly last week stated they were in a strong financial position to undertake further work but on the eve of results from recent drill program they make a placement. I don't mind it l think good news is on the way
DYOR