For those of you who have been doing nothing but complaining about GBB's management team,
OSK have been challenged by their 0.8gm low grade deposit with costs rising from around $330 prior to start up to near $900 per oz today. Good Management? Different skill set needed to find gold than pour. Geologist versus metallurgical engineer.
Number one, OSK did not do a bulk sample so are they now having 'grade control' problems? This was Franks number one job prior to GBB.
Number two, GBB grade is conservative and still better plus high grade underground.
Number three, the nugget effect can give a likely 30% to possible 100% upgrade.
Number four, there is a silver credit which has not really been discussed. Burpit (Golden Axe) says 12% not sure where he got this figure from, ask him.
Number five, Castle Silver Mines is a free asset with no given market place value.
How can I not be optimistic about GBB? They DO have a plan A and plan B,