InvestorsHub Logo
Followers 9
Posts 385
Boards Moderated 0
Alias Born 07/23/2002

Re: augold79 post# 54744

Sunday, 07/17/2016 9:27:45 PM

Sunday, July 17, 2016 9:27:45 PM

Post# of 63744

Loncor has already drilled out one high grade deposit of 1,200,000 oz grading 7.6 grams/t.



7.6 grams/t would be a high grade deposit IF it was a surface deposit mineable by open pit bulk mining methods. But in Longcor's case I believe their deposit requires underground mining methods, so I don't believe it qualifies as high grade.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.