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Message: Re: Who will be smarter?
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Jul 31, 2011 03:54PM
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Jul 31, 2011 04:27PM

There was some talk awhile back about punching a couple deep holes in the giant anomaly, but I have heard no more on this as of late. I beleive the rigs we have there now or will have there, will be drilling shallow holes up to 400m.

IMO, the top has to be proven up first, the more of the near surface gold, the better. Its more economical, whereas you don,t have to go deep and you can turn profit rather quickly, instead of spending millions on a shaft. If we can show 50 million ounces over the entire top 400m of the property, this is better than just proving up the giant anomaly, IMO.

I also beleive the big drill will come in at some point, even if its just one well placed hole. Maybe this will be part of Lori,s strategy, if we get a lowball offer not recognizing the depth potential, put a deep hole or 2 in there.

We have followed Brophy,s suggestions up til now, but I dont beleive he made any suggestions publicly on how to proceed with the drilling?

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