MTO.V
Yes, the grade is certainly disappointing. I'm confused at why the reported so many ounces at this grade. I mean yes, we have an incredible jump in ounces. Their previous presentation 52,300 indicated at 4.23 g/t and 126,000 inferred at 4.07
Today they report 309,500 oz Au of Indicated Resources at 1.25 g/t Au
and 471,950 oz Au of Inferred Resources at 1.41 g/t Au
That's 6X the indicated and 4X the inferred...
I'm just puzzled at why Gold Resources above 0.5 g/t for the Barry deposit were re-evaluated by SGS Canada Inc. That's way too low of a number. I'll be interested to see the report and gather how many ounces are above 2 g/t. That will be the most useful information...
But yeah, disappointed by the presentation of the report. I guess I can still hang some hope on the fact that in the interview on Jay Taylor's show, they stated they should be able to double these numbers. To me it all simply depends on how many ounces are above 2 g/t. Unfortunately, we won't get that information for awhile...
Ryan K
