Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Hoping for some good volume today, get the traders out and the serious holders can watch a this amazing asset come life. Not many junior minors get to look forward to mining this year let me tell you that. I wonder how many millions people will need to see on the balance sheet to understand the asset we have
Congrats mate. Buzzing for holders who kept the faith!!!
https://twitter.com/akw_anthony/status/1362307967794761729?s=21
If you listen to mikes interviews he says we should be mining by Q2 so I assume Q1 for a JORC. It should get moving quickly now. The gold is there, let’s go get it!
Additional intersections of potentially economic mineralisation within 80m of surface further strengthens the Company's view that there is clear potential for a profitable open pit operation at Eclipse”
“they confirm our belief that there are multiple parallel vein systems present. It is also especially interesting to have identified what appears to be a stockwork style of mineralisation around and beyond the Jack's Dream workings’
!!!!
Applying for a JORC. Let’s go mining!!!! Profitable open mine pit. Going to be mining gold this year!!! Current market cap 11/12m hahaha... major re rate coming. Gold price $1800 an oz. Jesus we will have some serious cash flow this year aswel as the Georgia sale, I look forward to being able to buy further assets aswel!!!! Congrats all the holders
· Programme is expected to take four to six weeks to complete.
Mike Struthers, CEO, said: "We're very pleased to have started the second phase of our drilling campaign at Eclipse following the highly encouraging results received from our 2020 work programme, which highlighted the potential for Eclipse to host a profitable open pit gold mine.
"The Phase Two programme includes a combination of infill and extension drilling, including testing of the mineralised structures adjacent to the other old workings in the licence area, which we know were located on different mineralised trends. We also have evidence of this from drilling south-east of the Eclipse shaft, so we are entering an exciting phase for Eclipse where we work to understand the extent of the mineralised structures and the potential for an initial open pit resource. I look forward to providing updates on drilling results as they become available."
Correct so drilling should be done now, suppose it depends on how many they send to the lab at a time and also how they want to release them
Bare in mind it was estimated 4/6weeks. But with covid and such demand for analysts in Australia it could be slightly longer, who knows?. But from what Mike has said and shown we will have an open mine pit at eclipse this year
There was a placing to raise money to purchase 75% of eclipse? The board are paid in shares? I don’t really get what you are worried about. Volume moves a share price, We have poor volume that is all. Once we have the results, new ceo. Sale completion these will all be the catalysts to start attracting people in and the price will move accordingly
Jesus some people really don’t get it. A placing? It’s a junior minor with a 12m market cap. If they did a placing to raise capital for an open pit mine then so what!? That’s how you become profitable and prosperous. This year is a massive year for EEE people just expect it to rise on stuff that hasn’t happened yet... crazy really. We will be mining this year... much more than others can say. We have found extensions of mineralisation at eclipse. We have Houdini results to come, we have the sale of Georgia. Also the board continue to look at new investments. Just sit back and wait.... it’s not that hard
https://twitter.com/davidburton1971/status/1361182611964628993?s=21
DOC holiday very confident on double digits here shortly.