RE:PEA I agree. More gold news the better. I think the copper they found is good and it's on a large system. A lot of junior players need to consolidate to drill the Cu/Moly/Au system out ... so far 1350 metre spacing. Average copper mine is 0.6 % so we will see !
As for the PEA. If we achieve 6 million ounce plus then maybe a bump up. Lots of drill holes to be released before hand. Then the PEA. They had a bit of infilling to do on all 3 deposits to pick up the ounces and average grade. Croinor The
deposit might be expandable great grades 10 km away.
Patience is always a challenge. If you have significant shares you have no choice since there is no volume.
Must wait it out ...
maybe the same redittt group will get involved like in GameStop and send us sky high .... doubtful !
As for patience ... we'll I suspect at the moment we are with about 4 bucks. I look at some of the other juniors. I would take 3.50 ..... 5 would imply gold is going to 2900 this year .... maybe.
pragmatically, 2.30 2.75 range then a 3.50 to 4.00 buyout ....I think that's about right.
Cu / moly / Au is a spinout once all the companies involved consolidate to XYZ company.
Val Dor still a great area to mine. We will see a lot of the board need 3-4 bucks to have walk away cash !
GLTA