Anaconda Gets No Respect for 78.07 g/t Hole
Anaconda continues to drill their high grade Goldboro deposit. The company just announced a 78.07 g/t gold intercept over 1.1 meters. To show it wasn’t just a fluke they also reported a 32.42 g/t Au intercept over 2.6 meters. It’s a saddle reef style deposit and you can expect a lot of similar grades and intercepts.
Investors yawned as the shares soared higher by half a cent to $.22 or 2.3% on a blistering 179,200 shares traded.
Be still my beating heart.
Anaconda already released an updated 43-101 showing over one million ounces of high grade gold at Goldboro. With five million in the treasury or so and gold production from Newfoundland and over a million ounces of rich rock at Goldboro you would think that someday soon investors might wake up.
I am looking for a rally to begin in February. Companies selling for $15 an ounce US are going to be big stories once investors get it.
Anaconda is an advertiser. I have bought Anaconda shares in the open market. I am biased. Do your own due diligence.