Post by
lumpy13 on May 06, 2021 9:41am
Chris Taylor Interview: Start Open pit, high production
First interview, go to the 15 minute mark to hear Chris:
1. Believe they can begin operations with open pit, large production, with quick payback and later go to underground mining.
2. Expect first resource estimation in 1Q22.
3. GBRR is trading at roughly C$100m vs $800m for GBR, which presumes royalty investors see higher value in GBR.
4. Made analogy to Detour Lake, which KL acquired for almost C$5b. Bottom line, believe investors undervalue GBR (no surprise).
https://jaytaylormedia.com/share/
Comment by
KozmoT on May 06, 2021 1:06pm
I can't stand the thought of having to wait till next year for the Resource estimate. Aaaargh!!!
Comment by
eatmorefiber2 on May 06, 2021 3:44pm
Don't worry. The longer we wait, the more drilling they can perform, resulting in a much bigger resource. I'm sure the stock price will ramp up in Q4 2021 in anticipation of something substantial.
Comment by
Hollwood on May 08, 2021 2:15pm
Due some more results this week .just keep producing good results but we need to get on a major exchange ?