RE: low estimateI think you have to believe the estimate is low given that it does not include the latest results, and I am sure there are more results to come. Right now the stock has traded huge volumes and will most likely drop a few pennies over the short term, but if you put things into perspective, and if they reallly have 2.5mil oz then the sp at 5% insitu value with gold at 1100 would put the sp in the .70's range considering 1g/t grading.
So far this has been a trader for me and I am out right now, but there seems to be potential for a multi-bagger if they can continue to prove out the resource and I will be building a holding on drops from the current sp levels.
I like that the NR contained valuable information like the specific gravity and the true depths. Seems like the mgmt is really trying to put out the real info that allows investors(speculators) to make more informed decisions.
Schor