RE:Yesterday’s press release It was a solid release. Good grades at near surface.
IMHO they need to put more emphasis on exploration and expansion of the potential resource and less talk about developing the project. I am convinced their true intention is to sell to a major, maybe keep a few under explored areas with upside, but this talk about development may scare some investors. Dave is a world class geo, not a mine builder.
Many respected institutions are now calling for gold to stay at these levels and likely move higher in 25' and 26'. Majors will be printing money and looking for new resources in safe jurisdications. Probe will be bought, at what multiple I do not know, but I believe it is a steal at these levels. Time will tell, patience is required.
Best, JM