Everything I read indicates the gold is there plus more..would seem Newmont played hard ball bully tactics with the local goverment and lost . Since then the project has moved from one entity to another till they finally walked ..
Eurasianminerals had a book value of around $97m USD for Grand Bois which gives us an indication of what value can be unlocked
Hopefully DDD will be able to develop the resource into a mine
Grand Bois The Newmont-EMX JV resumed drilling at the Grand Bois Designated Project in May with an additional ten holes completed by the end of June. Most of the drilling was focused in the area of the historic, non-NI 43-101 compliant gold resource, with the intention of providing additional information to augment results from the 2009 EMX-Newmont drill campaign. The 2009 results were consistent with, and served to confirm, the historic drill results from the United Nations and other operators. However, in addition to the near-surface, oxide gold intercepts, the 2009 drilling produced copper intercepts below the oxide gold zone, including 100.58 meters averaging 0.56% copper in drill hole GBDH-004. This quarter’s Grand Bois drilling was designed to further test the oxide gold zone, as well as the copper exploration potential at lower elevations beneath the gold mineralization. Assay results from the drill program are pending..
DDD Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held