I for 1 appreciate regular updates, even if they are not spectacular. I find nothing worse than silence from companies.
Most of what I have read, indicates that if gold is visible, then its normally great grades. As gold is not normally visible, but fine dust, which only becomes apparent once the ore is processed.
There is a spec of gold visible from a 10kg sample. Even if that spec is:
0.5 gms then 0.5 x 100 = 50 gt
0.25 gms then 0.25 x 100 = 25 gt
Pretty awesome. Also the method they have used here would not really isolate the Fine particles, which would add to gt.
Also this is not the best area that they are sampling ??
I do not like baseless up ramping, but IMO, down ramping too, out of frustration, is as bad.
AUL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held