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I am optimistic of DBV and your comments!
Gary in San Francisco,CA
Comment by Gary C Hunt — February 8, 2015 @ 10:40 am
Very optimistic, Gary. The market hasn’t fully caught on yet to what’s happening there. At the moment, the Lisle Zone extends 1 km across (east to west) and is 500 meters wide. Mineralization extends to depths of several hundred meters. This has to be drilled off, but back of the envelope calculations suggest something in the neighborhood of 300-400 million tonnes may exist at the moment. I believe they’re beginning to figure out the geometry of this system, which is going to make it easier to drill and hit better grades. And they do need a higher grade “starter” area. Also, looking at the other target areas, and the signatures they are providing, it appears to us that the Lisle Zone extends into other anomalies, that it’s part of a significantly bigger system. The Hat has turned out to be a pleasant surprise. I’m sure there are other surprises coming as well. Big things in store for the Sheslay District.
Comment by Jon - BMR — February 8, 2015 @ 11:12 am