The discovery made here is jewelry box gold over an impressive area. Keep in mind this is NOT the massive anomaly that exists under Archimedes Pit which is thought to be a porphyry with gold/copper. My guess is that the entire area around Ruby Hill and the recently acquired FAD deposit may be full of many high grade gold surprises. The stock price here sucks! This may be a fantastic buy at under $2 but it may take some time for everything to play out. That does not exclude a big-boy mining company taking over this company which looks like it could be a real big winner.
$IAUX - 👆Up 5.8% Pre-Market/ Current Price $2.17 👉Discovers High-Grade Gold-Sulphide Zone at Ruby Hill - 8/2 👉Closes C$36.8 Million "Bought Deal" Private Placement, Including Full Exercise of the Underwriters' Option - 08/1