GREY:RNKLF - Post by User
Comment by
factRbeston Nov 29, 2018 11:34am
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Post# 29039757
RE:Drilling update end of year as per interview
RE:Drilling update end of year as per interview Songdance - (11/29/2018 11:28:17 AM) Drilling update end of year as per interview Numbers will be rolling in within the next 30 days . Full program update by april. The numbers will solidify this stock . I am putting i a guess of 2 million ounces by april and 5 million ounces by end of 2019. Buyout by kirkland before summer!! I wont guess the sp but...$ 3.24 sounds close.
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More important is the grade.
the current resource they state is worthless. They need approxiamtely 3.5g/ton jst to break even. If you want proof that it is worthless. They never touched it and have been identified by the previous owners; who also did not touch it.
With the current exchange on the US dollar that number is a little lower but it is not wise to base economics on exchange rates.
ENTER JimPro!!!!!!!