RE:RE:RE:RE:RE:RE:RE:RE:Not much volume after the news John Kaiser was following NUG a few years ago. He said a Cortez Hills clone would be worth between $3 and $4/share.
Gold was US$1,800/oz back then but fully diluted shares was also lower. So let's go with 100X as a quick estimate on potential
If they get a hit, an immediate and significant rerate would be in the cards in my opinion. Then they would immediately go to step out drilling to see how big it is. If there is a deposit down there, their hit rate will improve immensely with each subsequent drill hole. It simply becomes a matter of casting the net to see how big or small it is.
Do your own due diligence first. And don't listen to me. I am a novice investor.