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lootie

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lootie

Re: Montanore post# 570

Tuesday, 07/01/2008 5:47:00 PM

Tuesday, July 01, 2008 5:47:00 PM

Post# of 4388
Very much great results.These would be astounding but that we have been so spoilt!
We are seeing consistent ounce plus ton results in the 50-60 metre band.This is starting to look like a very large fairly clearly defined deposit of rich gold.Being consistent and at relatively similar depth,this sounds like it would be relatively easy to mine and exploit.If open pittably,such would be extremely profitable.
So many large gold miners are NOT making increased profit margins as their costs are increasing proportionally to the uplift in gold prices.That will not occur with GORO.
Add in,gold is looking very strong,and major untoward news can only send gold higher.
GORO is a great security cushion.
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