RE:RE:RE:RE:RE:RE:RE:RE:RE:Flat as a pancake.........I do think FCO has the potential to be a ten bagger or at least a market cap around 250m, as long as Peter can expend the resource to 40, maybe even 50 Moz. Him stating that 50-100 Moz has a great probability is reassuring and i'm pretty sure he already made some rough calculations in his mind, but like he stated in the interview, he is not allowed to share them.
I hope Peter will be able to find the engine of the current gold structure in the west with hole 37. If he finds it, then we have a true winner here. Keep in mind though that this is a big if, because it's not easy to find a porphyry and even if he finds it, it still needs to be economical to mine. A very low grade porphyry that would not bring any profit wouldn't do us any good. Of course that also depends on the current gold price, which would dictate at what cut-off grade the gold has to be in order to be economical. So far it seems like 0.5 g/t Au is what it would roughly need to be in order to be worth mining.
I trust Peter though, so far he has been doing a great job at predicting where to drill and how the structure behaves. His theory of this being a hydrothermal deposit goes back to the very first gold results from two months ago and so far he seems to be on track with his decisions of chasing this beast down.