~*~Mining and Metals Du Jour~*~

[GDog2]

THIS is OLD news. I find it interesting that no one commented on the last PR from PVG with its 20 kg Au intersection and a share price of about $5. This company has most of the funding needed for the development of its Brucejack deposit. In my opinion they have drilled off only the top of a major hydrothermal system, which on itself is rare, and it will easily end up with more than 20M oz of gold. This deposit is unique in that it is still all there in the ground. It appears that they have the boiling zone (compare with the Lihir deposit) and it has not been eroded to its roots as is the case in many of these deposit types. If they wanted to they could probably selectively mine high-grade portions of the deposit and make enough to finance the mine. It is surprising that one of the majors needing to increase their long reserves has not yet taken it out.