Gold estimate If early estimates had Keats at 5 million ounce iam guessing it is higher now
and east of the flaut it has atleast matched Keats so that would be 10 million ounces conservatively speaking then you throw in the other know zones another 5 million plus so easily at 15 million which Inpersonally think is a lot higher all before going to depth.someone here did a calculation when gold was 400 cheaper that we would be worth 9.27 per share for each 5 million that's approx 28 a share for 15 million ounces at much lower gold prices I believe this calculation was based on a sale that happened just under 2 years ago I will have to try and find that post at the time it also said we would get a premium to that because of higher grades = higher profit margins so maybe we get a few bucks more for each 5 million ounces
All this being said they should be getting close to having a drilling at depth result in the next 4-6/ weeks iam guessing and then by fall make a decision wether to start mining the near surface deposit at Keats or not this is just my thoughts