News Focus
News Focus
icon url

stpiermj

10/26/11 2:55 PM

#2782 RE: Tomberry #2772

We are drilling in the high grade territory (based on other post) and if this is correct, we could see share price increase .15-.20 with each drill result that is as good as the 135 gr/tonne. I did not run the numbers yet, however, I remember one calc I did on the 135 gr/tonne estimated 191,000 ounces (this was based on a lot of assumptions so please keep that in mind). We need to keep drilling in the high grade area if we want to increase share value (without hype) and promotions. I am very curious to know whether the 135 gr/tonnes is an anomaly or does it represent that we are reaching the models expected very high grade zone. I would think two drill holes could confirm this. Hopefully that is what is coming in this next 30000 meters. Would be nice to know. Does not really matter since I'm already going to ride this one all the way. Could make me add more though. Looking forward to the next 30k meters....