MREThe price action of tjhe stock is telling us that the results of the MRE will not
be at a level to move the stock. The total ounces will be enough to maintain current price.
The results will have to be spectular to move the price up signigicantly.
Remember, a nearly $500 million market capitalization has discounted a
sizable initial MRE. The total estimate for Martiniere is meaningless at this point.
Open pit ounces require different mining methods than underground. Cost to mine
are quite different for the various deposits. It is mineable ounces that matter
You have to get the gold out of the ground.
Even though we have a VERY PROMISING resource, it is still early stages.
This is now a long term investment with the backing of KL and Sprott.