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Message: Also from BMR -Jon Comments on questions -Very Good Points!

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Also from BMR -Jon Comments on questions -Very Good Points!

posted on Nov 19, 10 11:17AM (Log in to use the IP Check tool) ^[?]

You’re exactly right – this is a low grade, high tonnage deposit with extremely high recovery rates. In that context, these are excellent results for GBB – very mineable grades. Keep in mind, also, that the mined grade at Granada has consistently been higher than the assay grades. You don’t have to look far to see many very profitable mines with the grades Granada has and even much lower. You need to understand what this deposit is all about – if it’s not your type of deposit, leave this story and go chase some high grade somewhere else. Also, in terms of grades, GBB hasn’t even started drilling for grade…..they’ve been focused on finding structure and they’re finding great structure all over……

Comment by Jon Hulstein — November 19, 2010

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