Post by
NorthernEmt on Aug 28, 2020 11:31am
30,000 meters of core
30,000 meters of core, five mineralized zones, three of those zones will have a formal resource done in 2020. As Michael stated in a recent interview they are starting on second or third base with all of the past drilling in their position. He also stated that every major in attendance at Vancouver stopped by their core shack. At this point they are resisting any JV because they can add value themselves to the company. I wonder what would happen if they were offered a billion dollars for Stillwater. Would they take it?
Comment by
MHonestInvestor on Aug 28, 2020 1:22pm
I don't think he would. From the look of it, he seems to describe a resource that may be more valuable than Still Water East and it sold for $2B. However, it was already a workiong mine at the time. If they offered $1.5B at this point he would give it a lot of thought; jmho.
Comment by
Blackpine2 on Aug 29, 2020 10:47am
You're seriously not serious.......that's 8$ per share!
Comment by
MHonestInvestor on Aug 29, 2020 2:04pm
Still Water East has more than 30,000 meters of core. That's for starters.
Comment by
otosom on Aug 29, 2020 2:59pm
It doesn't matter how long the core is, it matters what is found in it.
Comment by
NorthernEmt on Aug 29, 2020 11:12pm
High grade PGM that's what's in the core!!
Comment by
Infidel_ on Aug 30, 2020 4:34pm
seriously? Would a $50 million market cap take $1 billion? Duh, in a nanosecond.