RE:RE:RE:Jasperoids... great post and I totally get what youvare saying. What are the odds that a company finds the right structure, the right host rocks, hydrothermal alteration that matches known CTGD’s but comes back with no gold mineralization? The system at SGV is very big. The CTGD pthfinder minerals in cluding gold are present in lower plate outcrop. There is a large gold in ground water signature present. I think it would be naive to think they have found everything they hoped to find through this point in the exploration program but there is still a possibility that no gold exists at the project.
If the projected timeline laid out by the company comes through, we are at most 19 days from seeing assays from the first hole. The assays will tell the truth and provide some more information about where they are in this huge system.
According to Kaiser’s outcome visualation model, a Cortez look alike at 5.7 million ounces at SGV would potentially push the stock to just over $15/share in what he call S-Curve market action. Then the market has to figure out how to assign a value to the potential that SGV is larger than a Cortez clone as well as deciding how to value Grass Valley, Kelly Creek and the half dozen other targets that have in their database waiting to be staked.
I honestly can't believe the shares aren’t trading significantly higher than $0.44/share at this point in the drill program.
Don’t listen to me though. I am a novice investor.
ShellsRFun69