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04/07/18
00:13
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Originally posted by trtkjd1
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Give it a break Vert. How can you honestly make a call that ROD is pretty much going to be profitable. First it was MCO we’re looking in the wrong spots. MCO were in mining ROD as well . Historic grades of 12.5 grams are pretty poor. You can say and put whatever spin you like on it but I’ve read thousands of drill results from many many companies , many with results far superior on paper to ROD and most if not all of them have failed .
TAM , ABU ,CTO , GBM , HEG, BDG, Central Norseman gold, and the list goes on. Oh and your neighbours down the road CTL. You may get lucky and hit a payabable zone or 2 but I honestly believe as much as you believe you will succeed , that AUL will fail unless the gold price goes to astronomical highs.
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With an average grade of 12.5g/t would be in the top 10 highest grade underground gold mines in the world, but lucky we have posters who know better and think its "poor".