 Today I have the pleasure of speaking with Frank Bassa of Granada Gold. How are you today? I'm very well Tracy. Thanks for taking the time to talk to me. We're getting a lot of phone calls right now. I guess the Europeans and the Swiss are all looking at gold right now Frank. Can you tell me why everybody that calls me all like Granada Gold? Well, we had a very good turn when you first started this project and we went from basically a halted stock and 18 months later we're 121 million market cap and it came a combination of drilling good drill results And of course a lot of marketing and at that time everybody wanted to hear a good gold story And so we're hoping to redo that story in this cycle Okay, so let me understand that so you were upwards of 120 million market cap And of course today you're just under 10 million. Is that correct? Yes. Yeah So for those of you that appreciate how depressed the the gold small cap market is you would argue that you are one of the most Competitive undervalued gold stocks in the market presently. Is that correct? I think we're fairly undervalued to the point. I think we're significantly undervalued You know, we believe that there's a gold cycle beginning And you know, we have two false starts. You'll notice if you look at our charts We did take the stock to 40 cents and then we took it to 22 cents this year And I think we prematurely started the process But I think now and I'm starting a new year. We started a very nice drill program We've got some very good high-grade results over a very long whisk And I think we'll give a very good story to the market what our property which is on a Cadillac trend Okay, all right. So for those of you out there, they're going okay We've made our money in the cannabis markets. We're looking to get in in this gold uptick cycle Okay, even the Elliott's wave. I think they're all forecasting a gold bull market here in this upcoming year Can you give us a quick overview about who granada gold is please? See the lot of gold people where a group of people actually came from industry. We're actually from the operational exploration A group were been what are called fairly well seasoned and we've worked all over the world And we took on projects and as this project and we try to look for quality That other people have missed and that this is a very nice property was a former producer He used to operate at 8 to 10 grams a ton the mill burnt and then it went through a lot of colorful hands We acquired it and we're the first ones to develop a meaningful resource on the property And now we're taking it to the next level whereby the intent is to increase the resource at a higher grade and actually go in production And of course I I deal with some pretty Uptight analyst out there in the market and one in particular is very picky and completely independent And he loves granada gold and I think it has to do with your your high-grade gold as drill results Is that correct to your high grade can explain that a little bit more for some of the Investor Intel audience that may not be familiar or understand what this means The deposit could be developed two ways and originally developed this thing as a near-surface low-grade open pit But the reality what we did is we bunched together a nine to twenty two veins trending east-west and when we bunched them over about a hundred meters thickness We developed a resource about one gram one point two grams But then we can selectively mine that which has been mined in the past from the open pit And basically you can get grades from the open pit at three to five and a half grams So we're looking to do and develop the pit We have the option doing at one point two grams or a four and a half grams Which we did a PFS on and we're still within a six fifty eight hundred All in cash cost and that's as a shipper So the potential is develop it as a high-grade shipping deposit Which we have permits for and the intent is to expand on that and then from there go underground We feel we might have one point two to maybe two million ounces Inferred at eight to ten grams a ton and of course It's my understanding that one of your most significant advantages of course in addition to your bulk tonnage Your high-grade gold is that you have a great location for actually getting it to the bill Can you tell us a bit more about that? Yes, you know what we did was when we acquired this property. We're looking for access to mills You know you look at mills now if you want to build a mill in Quebec You're talking two three years for permitting you're talking $200 million to build a mill There's actually between eight to ten mills within a hundred kilometers distance of our property Three of them actually shut down and the other mills all are short on rock So our intent was you know, we did knock on the door to some majors They've been on our property some have spent nine months on our property and they've confirmed the deposit is there the grades are there So what we're going to do for them We're going to increase the resource increase the grade and hopefully either they take us out Or we end up changing our approach and that's where we call ourselves now Bernadette Goldmines Which was originally and to go into production And of course for those of you out there that may not understand this obviously What you do in Frank maybe you can explain this because you're a seasoned veteran is the idea of course with the exploration Is to find the gold create as much of the architecture as possible and then sell it to a major gold company Producer is that correct? Yeah, that's the best model for us because The ideal structure for us is like we said we only export 20% of the structure and now we're going to increase that 20% exploration Target and then of course we've already let people on our property three majors showed up with mills in the area They're all short gold in the intent is meet their requirements We got the permits for them, which is a very complex thing now. We came back that took us over two years and six million studies So we're fully permitted So at any point that they wish to come and you know take over our asset that can give us paper for paper But we'd like to be sold by the ounce not by share price We feel it's not unreasonable to ask 60 to $120 an ounce in the ground Okay, so what should we as shareholders anticipate in this upcoming quarter or do we need to wait and see Frank? No, I think we just finished another drill program I think you'll probably be surprised that the drill results will be getting So far the results have been pretty good. We released some numbers We're just checking on the core lengths because of the nature of the drilling We're actually using a similar pattern that was Cisco use when I developed their 10 million ounce deposit It's a kind of a high intensity high frequency drilling our other drill program Which is about 120,000 meters that we took undertook on a property was not designed that way It was actually was designed to drill for structure and now we're actually what we call drilling for grade Well Frank as always, it's a real pleasure. Thank you for joining us today. No, thank you very much Tracy and have a wonderful day Thanks a lot