If a hand full of drill holes can take TDC down to 5 cents, then
Thank The Lord!
cjj53200, If, for example some of the drill holes come up blank, as would be expected since, on the average,
one in four do come up blank, then would this
NOT "
show good results"?
Likewise, if from the remaining four or five holes, the grades are under 1 gpt, would that NOT "show good results"?
It is my understanding that the point of the recent drilling is to establish a continuity between zones 330 and spud. If that's accomplished, I believe that those holes were well worth the $50,000 or so that each cost to drill.
But, for a trader like you, my guess is that you hope people might bail on Tyhee if they see anything like I just described. What a buying opportunity that'd be for you and us. Buy for a nickle and sell for whatever the recovery will be.
If I'm right, I envy you. You're smart, flexible, and probably have a lot more money than I (me).
Cheers,
B.
