RE:RE:Exploration and newsA few thousand more meters of core results means little, wait until the qualified company geologists make proven and inferred or implied reserves available and you will see the stock take off. Until this happens the is really no idea of the potential value of this property.
Agreed that until geo’s make proven & implied reserves, then the value will not be known.
However, at Fosterville, none of the above was known about the Phoenix and Swan Zones, but Eric Sprott, with guidance from QH, knew that the then known reserves vastly underated the actual reserve potential.
Therefore, at that time, all ES/QH knew was that something with exceptional reserve potential had been found.
This was the time that adventurer investors needed to move in and I expect the ES & QH also know that something big is in the offing at NFG, without being able to quantify it at this stage.
The risk reward seems to be very favourable and that is being enhanced as every new drill result is being announced.
Anyone who wishes to receive proven and inferred reserves from geos at the Keats project will have missed the opportunity prize open at the present.