Two points The two points that I think are important now are that: 1.) This news finally gives us visibility with a large number of investors, who are now introduced to the Bard story. That is what we have lacked in the past, and what could never be accomplished by a small PR firm or presentations to trade shows by the CEO, etc. Our share price has remained well below reasonable values, because we did not have the broad following, that got us on enough radar screnes to drive the stock price. There will now be a growing number of investors who will be looking for an entry point, after waking up to a 100% move in one day to .20 cents, and wanted to see the dust clear before getting in. This seems to me to be a very significant step in moving us to the next level, and one that should not be overlooked. 2.) In my view, the results of this year's drill program have a much greater chance of moving the share price substantially than this PEA, since I think management's stated goal of trying to double the MO resource, with this years drill program seems realistic. The PEA is very important, but if the resource can be doubled, it would not only have a huge impact on present value, but it would reinforce the premise that Lone Pine is one huge deposit, with multiple open pit ore bodies. My earlier post described the specifics of why I think the drilling in areas 61 is following up on strong results from last year, so the chances of good drill results this year are much higher, than the more or less "blind" exploration of last year's program. In addition, the supplimental 43-101 estimate at the end of this year, will also include the Ag and Re credits, which may be very significant. The other thing to keep in mind, is that the intercepts in area 61 are much shallower, so the economics of any addition to the resource in that area are likely to even more favorable than the PEA calculations as to the Alaskit zone, where the higher grades are deeper.
Welcome to the new followiers of Bard. When you learn this story, I am confident you will feel that we are only at the beginning of demonstrating the potential of this project. You ain't seen nothing yet.
Birdman