first time technically the second time |
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but for the first time on cross river |
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going to love this interview first the |
4.16 |
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200 millions of gold been produced in |
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over 100 years holds over 120 mines |
6.399 |
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more than 21 deposits with more than 3 |
6.479 |
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million ounces each cross river has got |
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seven projects within the prolific |
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know was acquired by goldcorp for 520 |
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million dollars so he's been there he |
4.0 |
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over 2.6 million dollars to private |
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the 3.8 million ounce spring pole |
5.2 |
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QUANTITY
3.8 million ounce
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deposit it's got two mineralized trends |
6.64 |
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numerous 500 gram per ton plus |
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ross gold for 1.8 billion billion |
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MONEY
1.8 billion billion
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dollars so not a typo there guys 1.8 |
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that's 600 000 ounces at 15 grams per |
4.081 |
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picture is worth a thousand words uh you |
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poked for 30 40 50 years so what are the |
4.959 |
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|
|
chances of running into a million ounces |
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QUANTITY
a million ounces
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a second great bear where it is because |
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2022 is probably going to be a good year |
4.4 |
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you there just east and south with four |
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uh with four projects there so yeah |
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can have 100 million dollars if you've |
3.12 |
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MONEY
100 million dollars
|
|
basically we've got two phds and two |
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one thing you need is you need people |
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sold something for an exit for 500 |
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million plus because there aren't a lot |
4.64 |
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2021 which has been really tough on in |
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let's talk about that in a second but i |
4.639 |
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|
just want to add to that if there's one |
5.919 |
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ipo'd in 2020 the ipod into the best |
5.041 |
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|
|
years so we were near 2 000 an ounce um |
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know if gold stays at 2000 we retain |
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well we're going to be doing about a 5 |
3.76 |
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|
000 meter drill program to start um now |
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|
about 12 000 hectares so it's a district |
4.64 |
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|
|
industry irreparably for about five |
4.0 |
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|
|
and continued like that for two decades |
4.88 |
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|
we're the first ones to do a basically a |
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|
700 meter uh |
5.2 |
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|
you were talking about 500 gram samples |
5.36 |
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|
they were up to north of 800 grams bhp |
6.401 |
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|
did a 34 chip sample back in 1993 |
5.36 |
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|
ended up the average grade of those 34 |
4.719 |
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|
samples was 28 grams per ton that's the |
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|
|
about 600 meters south of cello vane is |
4.0 |
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QUANTITY
about 600 meters
|
|
700 meter corridor that we're going to |
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|
first drill program here of many to come |
4.0 |
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|
but this is the first one and we're |
4.0 |
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|
through through march uh it's a 5000 |
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|
the two and a half million dollars take |
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DATE
two and a half million dollars
|
|
how does a 5 000 meter program cost two |
3.92 |
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|
|
and a half million dollars half a |
3.44 |
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MONEY
a half million dollars
|
|
million dollars give us an indication of |
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|
|
2022 um we're hoping that it maybe comes |
6.08 |
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|
|
it we're the first ones to simply to |
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|
|
that what's the goal behind this first |
3.599 |
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|
|
five thousand meters obviously you're |
4.08 |
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QUANTITY
five thousand meters
|
|
the first 5000 meters or maybe you guys |
3.44 |
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|
|
golden patricia as i mentioned 600 000 |
4.161 |
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|
|
ounces historically at about 15 grams |
2.88 |
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|
|
trend is uh two are two small deposits |
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|
|
um you know and they're in the five gram |
4.56 |
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|
|
35 million shares after this placement |
4.32 |
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|
|
where we're closer to 45 |
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|
|
reasons to like gold moving into 2022 |
3.439 |
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|
|
and more than one project i mean as you |
2.88 |
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|
|
mentioned we have seven different |
3.519 |
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|
|
all seven of them over time we're gonna |
3.281 |
Jump to 1128.799 |
|
|
probably concentrate on the top one two |
3.6 |
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|
|
or three and then we'll look to farm out |
3.28 |
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|
|
raising 2.65 million dollars the market |
4.641 |
Jump to 1164.559 |
MONEY
2.65 million dollars
|
|
you know sold at 29 per share but if you |
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|
|
go back and look at this chart three |
2.88 |
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|
|
you're not going to find one shareholder |
5.12 |
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|
|
say ah 29 a share is pretty good but you |
5.12 |
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|
|
alex did three years ago it would have |
4.48 |
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|
|
been 34 a share or something right |
4.32 |
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|
|
was one of those great bear shareholders |
5.201 |
Jump to 1273.919 |
|
|
it i think it was 60 cents a share i |
3.919 |
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|
|
90 cents a share |
4.24 |
Jump to 1287.2 |
|
|
begin that process 2022 will be more |
4.16 |
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|
|
in that third or fourth week remains to |
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|
|
mid-january all right january 15th uh i |
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|
you like what you heard two ways to do |
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|
|
that first get to the profile page in |
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|
|
understand that good thousand foot level |
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|
|
diligence guys 12 months from now don't |
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