Post by
Ronsnepdutch202 on Jun 19, 2021 6:41am
Expected market cap
What market cap can we expect after the first drill results turn out to be posotive, any idea?
Comment by
Oilminerdeluxe on Jun 19, 2021 9:05am
Hm, we have a high market cap as it is. Say 1.50-1.80. But if the drills continue to hit after that, I would expect a steady climb. Tricky, possible elephant discovery changes the rules, but just decent ok ones will not bring much action, imho. To me, a solid discovery is more than enough to keep me a shareholder as long as they hit and have targets to drill. Boring answer.
Comment by
Ronsnepdutch202 on Jun 19, 2021 9:09am
New found gold sort of started the same, thee hit bonanza grades and stock almost up x10 after IPO, hope to see the same with tier one