OTCQX:MEAUF - Post by User
Comment by
Tradernickon Feb 14, 2019 2:12pm
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Post# 29365480
RE:RE:Drilling
RE:RE:DrillingNew corporate presentation identifies drilling in 2019 to continue exploiting SouthWest Zone, plus Windjammer S, Deeps, Dyment 3, Western, 55 Zone, Gap, Westway, Halfway. Plus remodelling 4.3MM oz outside of all this area.
Wouldn't surprise me to see 2MM+ oz total for Southwest alone.
Upside is incredible! I expect a project valuation for Golden Highway, alone, including remodelled low grade, to be comfortably $2MM valuation (excluding the elimination of $450MM from the capex earlier of $600MM in initial PEA) using $1750 CAD gold price.