This press release is huge in size, ! I wish we were given some idea of the scope and possibility's and what we are getting for our money .
Even the purchase of the buffonta last month didntt tell how much gold was there.
Now I'm sure that gibson has knowledge of the resources. in all cases or why else buy !
Only after diging and chit chat, do i realize that the buffonta was an open pit mine at 5g/t and as soon as de watering can be competed the ore can be taken to a nearby mill for production. then the same for jon paul at 8g/t asap.
The message being sent to shareholders is that near by property's can and will be purchased at a $ 10 - $ 20 / oz and to accumulate 10 mill oz. or more asap.
With that said if we could understand exactly what value Mr.Gibson was using as a sp value we could add it to the cash and calculate a resource figure. consideration is most likely was given to the ease and accessability to the resource so each purchase will carry a different value.
Also It would appear that gibson is after property;s with a higher grade 1st as anyone would.
The part Ilike is that we are another step closer to a 10 mill oz Go Gibson Go !
I hope the next press release is an n43-101 update, they only have 80,000 meters of drilling yet to be added !!!!!! plus the Buffona, plus this new one today.
I did find out that the last 3 private placements were done by Paul C and other billionaire friends, and all are behind Gibson buying more property's.
Looking better all the time,