Thanks mate,things are looking good Gold heading in the right direction @ last, if my memory is correct mid August last year gold hit around the $1400 Mark & our s/p was £1.40 p/share, so all being well marks timing on releasing our PFS in September could be perfect, I have a gut feeling that MC & regent p will be exercising some of those warrants In the near future, that would certainly add investor confidence, & no doubt give anouther boost to the s/p.GLM
Just reading the last Trenching results RNS & only just noticed that we will be improving our indicated oz for the PFS, by how many oz ????,
La India Open Pit Resource is 921,000 oz at 3.1g/t including 840,000 oz at 3.1g/t in the indicated category and 81,000 oz gold in the inferred category. Six trenches for 321m in the La India Open Pit Resource were designed to expose selected gold mineralised structures intersected in drilling, but covered at surface by transported material, in order to better establish the vein orientation and correlate the vein textures and thereby improve the confidence in the geological model. The structures investigated are those that are in the inferred category in the current mineral resource. Sufficient improvement in the geological understanding, due to detailed core re-logging and positive trench results will upgrade some of these mineralised structures to the more confident indicated category which will allow them to be included in the PFS. Jibbo & all do we have a rough idea???, must fly hopefully a strong blue day ,
Herbi ,we can only go on marks statement in the 12th June rns,The assay results for the entire trench programme are expected over the next two months. If continuity of the wide low-grade gold mineralisation is demonstrated over a significant lateral distance then it will be considered a drilling target for low-grade open pit bulk mineable gold mineralisation. A further 1,650m trenching to complete a planned 2,250m programme is underway on Real de la Cruz. So we are very close ,next week is very likely,GLM
We're also at the Fibonacci retracement level now, break £1 and this time it should be blast off. £1.20-£1.40 looks like it should be easy with optimism, everything else probably needs rumour or news IMHO
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