The author is a bit mentaly unstable, however the information is sound. This was pilfered from the SH board so you wouldnt have to get your hands soiled by going over there:
Some Springpole Facts
- Highly contiguous throughout the entire zone
- Consistently higher grades than historical plus silver
- Extended the strike to 950 meters
- Confirmed depth to 370 vertical meters
- Zone width averages 90 – 100 meters
- North end of the zone opens up to a 250 meter width at 300 meter depth
- Open pit style to potential scale of Newmont’s Twin Creeks in Nevada
- Soft and broken nature of mineralization point to good recoveries for milling
- Continuous mineralization points to very good throughput
- Deposit style points to low strip ratio.
- Underground potential similar to that of Agnico Eagle’s low cost Goldex mine in Quebec if mineralization extends to depth.
- New Resource Calculation and Feasibility Study
Reasons to invest…
- Significant resource increase… 3 to 5M ounces gold upcoming resource calculation
- Potential for >10M oz gold resource with Red Lake type depth potential.
- Over million shares of insider buys in November / another 500,000+ by Sheldon Inwantesh in December
- Winter program will add material value defining and adding ounces
- New resource calculation after winter drill program
- Pending prefeasibility study
- Potential excellent open pit / underground mine potential
- Deposit shows excellent continuity
- Increased gold grade at depth + silver credits
- Geological environment suggests underground depth potential in excess of 500 meters
- Geological environment suggests world class potential in the scale of Cripple Creek and Porgera. (30M ounce gold deposits)
- Proven mining district in Red Lake / Safe jurisdiction
- Project scope suggest dedicated processing facilities
- Well financed with a strong shareholder base
- Excellent management track with history of managing shareholder value.
- Management has a long history with company
- Insiders own 39%
- Sprott 20%
- Pinetree 13%
- Management 6%
And I can't just post something without citing my sources:
http://us2.forward-to-friend.com/forward/preview?u=6aec09ee2c6c558d6b5867e62&id=bd788aded0