Warrant Overhang So close to the warrant overhang being over. I believe the 18 cent warrants from the 30 cent flow through round expire soon. I feel like it's October. Market struggling at a bad time of year with a very heavy set of warrants in the money.
That being said, I love the project and the people here so I will be moving big money in shortly. I just think this pain could see us at $0.20 before we pivot and start ramping back to $1.00 as the company issues a 43-101 over 1moz.
Eastmain is the 11th highest grade gold mine in the world with a resource over 500koz. That is how rare a mine this high grade is. Really hope soon the company decides to dewater the decline and begin underground exploration. I think some special stuff will be hit from underground drilling locations and test mining.
The company has about 60-80k tons of ore grade material on surface that was never milled. Would be awesome to see them start a bulk testing program that began processing that left over material.