This is an initial verification that the Pure Gold thesis was correct. They were always saying that just like Red Lake, higher grades should show up the deeper they went. Of course they went bust before they could prove that theory but WRLGF bought the mine/mill very cheaply and so they get to find out if it's true at very low cost. If they continue to come up with bonanza grade drill holes at depth, this stock could be VERY undervalued. Existing mill isn't that big but if they can run for awhile at today's gold prices, they should have plenty of cashflow to drill deeper and eventually add on to the mill and increase production above the current forecasted 80K/yr limit.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE