GMD 0.40% $2.53 genesis minerals limited

That might be a bit harsh, the upgrade was well telegraphed,...

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  1. 7,325 Posts.
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    That might be a bit harsh, the upgrade was well telegraphed, anyone looking at the drill assays could see this was coming. Some might have bought to "sell the facts" as a short-term trade. The results justify the higher SP, still waiting on Barimia results as well.

    It's going to be very interesting what turns up between 200m-400m. West shoot looks particularly promising and what will happen when it meets up with the central shoot? High grades hopefully persist.

    A very basic back of the envelope calculation if high grades persist (1750 oz per vertical meter) is say another 300-350k oz. Blue sky, you have 700-800k oz down to 600-700m.

    Screen Shot 2018-02-21 at 12.42.44 pm.png
    Last edited by Barolobill: 21/02/18
 
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