RE:RE:Everyone On CNBC Gut, fair comments.
For accuracy's sake, the MRE shows 1.6M AuEq Inferred @ 0.65 g/t and 11.1M AuEq Indicated @ 0.68 g/t. None of these ounces are Measured. In any event, the key number re. this data will be the P&P reserves when the FS is released.
Where we differ is I want to see TLG's cards re. the FS and solid progress on the financing and contracting before I make an investment decision on the company. Even promising projects can be disasterous if bad decisions/agreements are made, and the market likes to see progress through the financing / contracting / permitting stage on time and on budget - if not, the share price could get punished. Also, even if the FS is very impressive, it doesn't automatically result in a big pop to the share price. It didn't for ARTG. It didn't for SKE. We'll see with TLG. I look to where the share price closes 2 trading days after its release as that's when those in the investment community who are interested in TLG have fully digested the numbers and commentary by the company and rendered their view on what they think the company is worth at this stage of its life.