GREY:ALXDF - Post by User
Comment by
LRGreturns4meon Nov 24, 2017 12:48pm
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Post# 27026143
RE:Double the resource should drive up stock price
RE:Double the resource should drive up stock priceThere is a great opportunity here. The big question is how much open pit gold is along the break and then the next question is really how deep does it go. I used to think 1.3 million ounces was a realistic number, but I am rethinking that estimate. I believe the outstanding assays will help clear up the picture, probably around 1.6 to 1.9 million ounces. The updated RE is going to be the catalyst along with consolidation.
Hold the dry powder in reserve and fire when ready betweeen now and year end.
LRG