GREY:MPRXF - Post by User
Post by
threepalmson Feb 22, 2012 8:19am
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will today be the turning point?
will today be the turning point? NI-43-101 due out this week and with some 17,000 metres of drilling on the Burns Zone we may see 1 million oz increase in the resource.
My hope is we are now at 3.0 to 3.5 million ozs and growing.
With a budget of 15 million for 2012 we could potentially add another 1.5 million ozs by the end of the year and that takes us to potentially the majic number of 5 million ozs.(using the companies target cost of 10.00 per discovered oz)
A few of us who talk off-line believe that this company is well on it's way to getting noticed and being valued appropriately soon.