I understand a lot of people are waiting for the next set of assays to base their opinions on where GBB is going in the short term.
We all have to think of the "BIG Picture"-- as BMR says "Blue Sky Potential".
Just supposing the next set of assays are not that spectacular--does that mean your done with GBB??? Do not base your investment decision completly on the next set of assays--remember there is going to be assays till the end of December.
If you are prepared for that possiblity and are a true believer of GBB you understand that a major mine is not made over night. I believe that we have mineralization in the next set of assays because of the master plan that Frank is doing and executing.
He is aggressive in his plan and that should tell you something....he knows what he has unfolded here....
This is MHO...here....
The speed at which GBB team are drilling, I believe they must have about 50 holes drilled so far at an average depth of 200 metres.
They started drilling May 6(?) and would have drilled 10,000 metres, that is half of the 20,000 metres they were going to drill in their Phase 2 drilling programme.
So that would mean another 6 weeks approximately of drilling to finish Phase 2. We know Frank said he wants to drill deeper on the Long Bar Zone to see how deep the mineralization runs, that could be a depth of 400-600 metres or more and I am sure he would continue to drill deeper if there is mineralization. This process will take a longer period of time, however we are here for the long term right??
GBB and Genivar(one of the world's best mining engineering companies) are drilling for structure, extension of the trend, reserves and to prove up a world class gold deposit.
After Jon's--BMR's trip to the Granada site recently it was so detailed, informative, factual, and honest, we all can see the future potential of GBB.
To Frank and all of his dynamic team...great work and I firmly believe that GBB is one of the top mining stories of 2010 in Canada and around the world...!!!
Mintaka