RE:New resource estimate from yellow jacket
I'd say this is par for the course as the stock price already did increase significantly during the last several month.
I hope that they drill hell out of this paydirt this year as 2mio ounces I&I are ok but if they can target areas below 120m or so as one of their deeper holes to 170/220m did show very encouraging numbers...
Let's wait and see what the truth machine will tell us this year but I guess that Jeff will keep this thing going and if they can manage to show that in the east of Jolly Jane there is more gold and connect Jolly Jane with Sierra Blanca and Air Track West this could become a monster... Please note IF not when. ;-)
Shouldn't the new PEA be out soon too? Would love to see the impact of the higher grade material on the economics but I'd say (stating Jeff from a recent interview) that this could be something that works even with gold near 1000 USD...
Keeps interesting.
Just my thoughts. DYODD
carinthian