My speculative vision
We're all here to win big,partially by speculating correctly.
AXU are a junior producer at the moment.
Let's envision that majors and mid-tiers line up and bid for Keno east and west.
It's feasible and even likely.
Then we put together what the district could be worth.
Too early to do that without this year's DP's executed by both AXU and MMG.
Still,I'm up for some speculative fun so here's my vision from what I sense is unfolding:
AXU rock the silver world with 6=7 months of impressive NR's from Bermingham Deep.
Clynt suggests as much: "There will be a lot of holes that are going to be drilled in this discovery to try and figure out what it is so...
and I fully expect that some of those holes are going to be pretty,pretty,pretty impressive."
Let's say the year wraps up with a major discovery in their books with a new total resource around 200m oz of silver,alone.
AXU should be in full production.
4-5 m oz producer with 200 m oz of extremely high-grade silver plus major lead and zinc credits.
MMG's CEO says Keno east has "the mineral potential of Alexco".
He also said: "We may be looking at the source of the Keno Hill district."
This is pretty big as far as speculations go.Let's say that it trends thay way with the diamond drilling program this year.
IF Greg is on it and ballpark accurate we're speculating on another 200 m oz discovery by MMG.
Now we're talking about a 400 moz silver district with 4-5m oz production.
Highest grades of silver on earth.
Tier 1 jurisdiction.
AN ENTIRE DISTRICT,VASTLY UNEXPLORED at depth.
What's that worth to majors or mid-tiers looking to diversify out of shady,risky countries?
MMG has a brand new operating mill next to it so there will be a healthy premium attached to it.
155 m shares o/s
MMG also owns La Plata ,MCkay Hill and the alluvial royalties.
Should be a lot of fun as drill program news comes in and if silver breaks out above $30 and heads to $50-$60 we should all do very well.