GREY:OLEPF - Post by User
Post by
Goldfatheron Apr 11, 2010 3:00pm
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Post# 16979564
Good questions...
Good questions...IOP..... very good questions. We need that kind of thinking. I've been here unfortunately for over 5 yrs. I've been baffled about this thing for years. We 've gotten so little info.... the mgmt doenst tell us any thing . Cant figure out the sp ... etc etc etc... Haave speculated about mgmts objectives, all the moves they take and dont make. Can 't really figure it out. But they are now on the verge of reporting the FS... and should show in the 4 to 5 mil oz range. I say about 3.5 to 4 mil Indicated, and another 500 thou inferred. I hear the magic # is 3 mil indicated oz for the majors to take notice. That 3 mil Indicated is the amount for profitability of a mine. And seperates the Juniours the majors b/o. Soooooo, with a 3.5 indicated and much more Inferred , we could be at the start of the sp rise we have waited and a good B/O
I say we get to 1.50 when it gets close to the FS.... then w/ a good FS we go over 2. Then we count on mgmt's negotiation ability... and the POG for a double 4. IMO
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