MM, Glad to be back, I just haven't had any time to get on SI and the forums for the last several months. I like what I see on GYD, they could indeed be onto something. I am going to more DD, initially what I see looks good
Sorry, this is not much to do with IPM and should refrain from further comments about this here and also until I decide if it will be in my newsletter, am sure you understand. Hope threaders will find this of some use though
Hopefully GYD has something and the stock presents a buying opportunity, we will see.
Your comments about another WTC prompted me to compare some drill holes
WTC
Hole From To Thickness Cu Zn Ag Au
m m m ft % % g/t g/t
SAL-43 211.8 335.2 123.4 404.8 1.15 3.94 47.7 0.98
SAL-41 232.1 354.9 122.8 402.8 0.86 1.24 19.8 0.42
SAL-42 224.7 423.0 198.3 650.4 1.85 0.52 15.0 0.15
GYD
From To Thickness Cu Pb Zn Ag Au
(ft) (ft) (ft) % % % g/t g/t
DC98-38 193.5 223.0 29.5 0.14 2.35 5.22 193.9 1.11
DC98-39 254.5 320.0 65.5 0.20 3.18 7.30 45.2 0.37
DC98-40 20.0 138.4 118.4 0.22 2.56 6.22 182.8 1.03
There is a big difference, GYD grades are good but is nothing compared to WTC which had thickness of about 10 times, like 400 ft of 4% zinc compared to
GYD, 60 to 118 ft of 6% to 7% .
WTC had Tech as a JV, credibility, however GYD does own 100% a bigger peice of the pie
GYD does not have the tonnage, but it is early, if they can prove this is much bigger down strike, then it could be huge, this is what I will investigate.
Ron |
